Socit Terre-Nouvelle sells products X and Y; X represents 40% of total turnover. There margin...

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Accounting

Socit Terre-Nouvelle sells products X and Y; X represents 40% of total turnover. There margin on variable costs is 30% in the case of X and 60% in the case of Y. Fixed costs amount to $200,000. What would be the total turnover needed for Terre-Nouvelle to realize a target profit of $40,000 before taxes

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