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Problem 1: Label Corp. recorded sales of $2,235,245 for the most recent year. The company's breakeven sales point (in dollars) is $1,650,000, and its margin of safety ratio (M0596) at the current sales level is 27%. What sales (in dollars) would be needed to increase the company's MOS% to 38%?
Multiple Choice
Option 1: $2,661,290.
Option 2: $2,277,000.
Option 3: $2,932,640.
Option 4: $3,024,050.
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