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Watson Company has monthly fixed costs of $75,000 and a 40% contribution margin ratio. If the company has set a target monthly income of $14,200,

Watson Company has monthly fixed costs of $75,000 and a 40% contribution margin ratio. If the company has set a target monthly income of $14,200, what dollar amount of sales must be made to produce the target income? $223,000 $35,500 $187,500 $89,200 $152,000

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