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What amount of sales revenue required to earn

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Problem 1: A & B in 2019 budgeted a net income after tax rate of 30% amounting to P1,680,000. Fixed costs for the year are estimated to be P2,100,000 and contribution margin is estimated to be 20% of sales revenue. WHAT AMOUNT OF SALES REVENUE REQUIRED TO EARN THE DESIRED INCOME?

Reference no: EM132746568

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