Estimation of Total Sales in Order to earn Some Profits
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Question
X Company estimates the following information for its three products for next year:
Product Revenue Total CM
A $613,740 $301,659
B 241,808 68,408
C 450,712 255,212
If next year’s fixed costs are expected to be $245,000, what must total sales be in order for X Company to earn $130,000?
Summary: This question belongs to accounting and discusses about a company’s total sales be in order to earn some profits.
Total word count: 26
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