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Question - Dorian Company produces and sells a single product. The product sells for $60 per unit and has a contribution margin ratio of 40%. The company's monthly fixed expenses are $28,800.

If Dorian Company desires a monthly operating income equal to 10% of sales, what will its monthly sales have to be?

a) $45,600.

b) $96,000.

c) $120,000.

d) $90,000.

Accounting Basics, Accounting

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