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Question - The following information is available for Jess Manufacturing:
Unit selling price $60
Direct material $9 per unit
Direct Labour $8 per unit
Variable factory overhead $7 per unit
Variable selling & administrative expenses $6 per unit
Total fixed costs per annum $250,000
What the volume in terms of sales dollar needed to yield a target net profit of $65,000?
A. $525,000
B. $630,000
C. $437,500
D. $403,846
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