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How many wetsuits must the company sell

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Question - Aquaspore Limited sells advanced technology wetsuits for a price of $2400 each. The company has a profit target this year of $143,000 and is considering increasing sales commissions in an effort to increase sales. The contribution margin ratio of the wetsuits is 25% and the company's fixed costs for this year are expected to be $320,000. How many wetsuits must the company sell to reach its profit target?

Reference no: EM132527938

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