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Zachary Company incurs annual fixed costs of $111,000. Variable costs for Zacharys product are $21.00...

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Accounting

Zachary Company incurs annual fixed costs of $111,000. Variable costs for Zacharys product are $21.00 per unit, and the sales price is $35.00 per unit. Zachary desires to earn an annual profit of $57,000.

Required Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit.

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