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  3. co. deli wishes to earn a profit equal to 40% of s

Co. DEli wishes to earn a profit equal to 40% of sales revenue. Its monthly...

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Accounting

Co. DEli wishes to earn a profit equal to 40% of sales revenue. Its monthly fixed costs are $54,000 and the contribution margin ratio is equal to 60%.

1. Determine the annual break-even sales.

2. Compute the sales level required to achieve the desired profit level.

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