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(Solution) - Garcia Company incurs annual fixed costs of 60 000 Variable co

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Garcia Company incurs annual fixed costs of $60,000. Variable costs for Garcia?s product are $22.75 per unit, and the sales price is $35.00 per unit. Garcia desires to earn an annual profit of $45,000.
Required
Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit.

 







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This question was answered on: Jul 11, 2017

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