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What would annual sales need to be to achieve target profit

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Reference no: EM132808940

A business sells only one product with the following information:

Unit selling price $900

Unit variable costs:

Direct labour $100

Direct materials $300

Annual fixed costs $100,000

Problem 1: What would their annual sales (in dollars $) need to be to achieve a target profit of $40,000?

Reference no: EM132808940

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