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Test Company produced and sold 10,000 units at a price of $20 per unit for...

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Accounting

Test Company produced and sold 10,000 units at a price of $20 per unit for the month of July. The total cost of $185,000 included $140,000 of variable costs. All remaining costs are fixed. Determine the dollar amount of sales revenue Test Company must generate to earn operating income of $21,000

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