Watson Company has monthly fixed costs of $93,000 and a 50% contribution margin ratio, If the company has set a target monthiy income of S16.000, what dollar amount of sales must be made to produce the target income? Muniple Choice $21H 000 $109.000 $t66.000 $32.000 $154 000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Watson Company has monthly fixed costs of $93,000 and a 50% contribution margin ratio. if the company has set a target monthly income of S16.000, what dollar amount of sales must be
made to produce the target income?
Muniole Choice
$218 000
$109.000
$186.000
$32.000
$154 000
Transcribed Image Text:Watson Company has monthly fixed costs of $93,000 and a 50% contribution margin ratio. if the company has set a target monthly income of S16.000, what dollar amount of sales must be made to produce the target income? Muniole Choice $218 000 $109.000 $186.000 $32.000 $154 000
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