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The records of Valium Company show a total variable cost of $10,000, if the company desires to earn a profit of $25,000 and has fixed
The records of Valium Company show a total variable cost of $10,000, if the company desires to earn a profit of $25,000 and has fixed costs of $60,000. Determine the sales revenue that would have to be generated in order to earn the desired profit.
$95,000 | ||
$65,000 | ||
$25,000 | ||
None of the above |
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