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Calculate the total sales revenue that is needed

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Reference no: EM132526466

Question 1: Daytona Manufacturer produces flooring material. The monthly fixed costs are $10,000 per month. The unit sales price is $75, and variable cost per unit is $35. Daytona wishes to earn an operating income of $25,000. Using the contribution margin ratio, calculate the total sales revenue that is needed. (Round intermediate calculations to five decimal places.)

Reference no: EM132526466

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