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Pencil Pushers, Inc. manufactures a "Silly Pencil" which sells for $7.50 each. Pencil Pushers expects...

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Question

Accounting

Pencil Pushers, Inc. manufactures a "Silly Pencil" which sells for $7.50 each. Pencil Pushers expects to sell 82,000 silly pencils next year. At this level of sales, variable expenses will total $184,500 and fixed expenses will total $242,130. If Pencil Pushers wants to make $160,125 in profit next year, what will total sales in dollars have to be next year?

$228,750

$76,620

$574,650

$470,880

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