Elvin Company produces hand cream in plastic jars. Each jar sells for $5.60. The variable...
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Elvin Company produces hand cream in plastic jars. Each jar sells for $5.60. The variable cost for each jar (materials, labor, and overhead) totals $3.92. The total fixed cost is $64,200. During the most recent year, 70,000 jars were sold. What is the level of sales dollars needed for Elvin to earn operating income of 10% of sales
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