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A department needs to operate with a minimum selling cost of 7.5%. How much would a salesperson need to sell to justify earnings of $20,000 a year?

A department needs to operate with a minimum selling cost of 7.5%. How much would a salesperson need to sell to justify earnings of $20,000 a year?

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 6MC: If a company has fixed costs of $6.000 per month and their product that sells for $200 has a...
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A department needs to operate with a minimum selling cost of 7.5%. How much would a salesperson need to sell to justify earnings of $20,000 a year?
Transcribed Image Text:A department needs to operate with a minimum selling cost of 7.5%. How much would a salesperson need to sell to justify earnings of $20,000 a year?
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