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The following information is for Keystone Corporation: Total fixed costs $289,000 Variable costs per unit $85 Selling price per unit $140 If management has a targeted net income of $72,000 (ignore income taxes), then sales revenue should be A. $575,500 B. $987.000 C. 8918.960 D. $659,200

The following information is for Keystone Corporation: Total fixed costs $289,000 Variable costs per unit $85 Selling price per unit $140 If management has a targeted net income of $72,000 (ignore income taxes), then sales revenue should be A. $575,500 B. $987.000 C. 8918.960 D. $659,200

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The following information is for keystone corporation?

The following information is for Keystone Corporation: Total fixed costs $289,000 Variable costs per unit $85 Selling price per unit $140 If management has a targeted net income of $72,000 (ignore income taxes), then sales revenue should be A. $575,500 B. $987.000 C. 8918.960 D. $659,200
Transcribed Image Text:The following information is for Keystone Corporation: Total fixed costs $289,000 Variable costs per unit $85 Selling price per unit $140 If management has a targeted net income of $72,000 (ignore income taxes), then sales revenue should be A. $575,500 B. $987.000 C. 8918.960 D. $659,200
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