Montoya Manufacturing Has Fixed Costs of $3000000 and Variable Costs

question 47

Multiple Choice

Montoya Manufacturing has fixed costs of $3000000 and variable costs are 40% of sales. What are the required sales if Montoya desires net income of $300000?

• A) $5500000
• B) $5000000
• C) $8250000
• D) $7500000

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