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McKee Corporation has annual fixed costs of $12 million Its variable cost ratio is 60 a Determine the company’s break-even dollar sales volume Determine the dollar sales volume required

McKee Corporation has annual fixed costs of $12 million. Its variable cost ratio is .60.
a. Determine the company’s break-even dollar sales volume.
b. Determine the dollar sales volume required to earn a target profit of $3 million.

Apr 01 2020 View more View Less

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