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Zeke was a professional classical guitar player until a motorcycle accident leit him disabled. After long months of therapy, he hired an experienced luthier and
Zeke was a professional classical guitar player until a motorcycle accident leit him disabled. After long months of therapy, he hired an experienced luthier and started a small shop to make and sel Spanish guitars. The guitars sell for $800, and the fixed monthly operating costs are as follows Rent and utlities Wages and benefits to luthier Other expenses 481 Zeke's accountant told him about conbribution margin ratios, and Zeke understood clearly that for every dollar of sales, S0.70 went to cover his fixed costs, and anything above that point was profit Zeke wishes to earn $5,100 of operating profit each month Calculate the amount of sales revenue required to achieve the target profit. (Round your answer to the nearest dollar OA. S11937 O B. $5,116 OC. S28.937 D. $12 401
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