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Santiago Company incurs annual fixed costs of $66000 Variable costs for Santiago s product are $34 per unit and the sales price is $50 per unit Santiago desires to earn an annual profit of

Santiago Company incurs annual fixed costs of $66,000. Variable costs for Santiago s product are $34 per unit, and the sales price is $50 per unit. Santiago desires to earn an annual profit of $34,000. Required Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit.

Apr 15 2020 View more View Less

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