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How much will farmers report as sales

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Reference no: EM132792277

Question - Farmers' Industries has fixed costs of $600,000 and variable costs are 60% of sales. How much will Farmers report as sales when its net income equals $60,000?

a. $1,650,000

b. $1,100,000

c. $1,560,000

d. $396,000

Reference no: EM132792277

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