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12-01-2024
Business

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For Wickham Co., sales is $3,000,000, fixed expenses are $900,000, and the contribution margin ratio is 36%. What is required sales in dollars to earn a target operating income of $600,000?

a. $1,666,667
b. $4,166,667
c. $8,333,333
d. $2,500,000

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