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Watson Company has monthly fixed costs of $89,000 and a 40% contribution margin ratio. If the company has set a target monthly income of $15,600,

Watson Company has monthly fixed costs of $89,000 and a 40% contribution margin ratio. If the company has set a target monthly income of $15,600, what dollar amount of sales must be made to produce the target income? $261,500 $104,600 $222,500 $39,000 $183,500

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