The dollar sales to attain that target profit is closest, Accounting Basics

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The dollar sales to attain that target profit is closest

The contribution margin ratio of Lime Corporation's only product is 75%. The company's monthly fixed expense is $688,500 and the company's monthly target profit is $20,000. The dollar sales to attain that target profit is closest to: $918,000 $516,375 $531,375 $944,667?

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Accounting Basics: The dollar sales to attain that target profit is closest

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