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  3. furgeson company has monthly fixed costs of $76,20

Furgeson Company has monthly fixed costs of $76,200 and a 50% contribution margin ratio. If...

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Accounting

Furgeson Company has monthly fixed costs of $76,200 and a 50% contribution margin ratio. If the company has set a target monthly income of $25,300, what dollar amount of sales must be made to produce the target income?

$203,000

$50,600

$152,400

$37,950

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