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Walton Company incurs annual fixed costs of $83,745. Variable costs for Waltons product are $25.20 per unit, and the sales price is $40.00 per unit.
Walton Company incurs annual fixed costs of $83,745. Variable costs for Waltons product are $25.20 per unit, and the sales price is $40.00 per unit. Walton desires to earn an annual profit of $60,000.
Required
Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit.
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