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What dollar sales is required to attain a target profit

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Reference no: EM132241049

Question - Lindon Company is the exclusive distributor for an automotive product that sells for $40 per unit and has a CM ratio of 30%. The company's fixed expenses are $180,000 per year. The company plans to sell 16,000 units this year.

What dollar sales is required to attain a target profit of $60,000?

Reference no: EM132241049

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