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Accounting

Contribution margin to sales ratio is 84% for the ABC Co. and the breakeven point in sales is Rs. 150,000. The company desires a target net income of Rs. 42,000.

What will be value of Fixed Cost?
What will be target contribution margin?
What would be the amount Actual sales?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9797850

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