Question: Continent Corp. sells a single product for $80. Variable costs are 40%% of the selling price, and the company has fixed costs that amount to

Continent Corp. sells a single product for $80. Variable costs are 40%% of the selling price, and the company has fixed costs that amount to $500,000. Current sales total 18,000 units.

In order to produce a target profit of $22,000, Contemporary's dollar sales must total:

Select one:

a.$833,333

b.$870,000

c.$1,250,000

d.$36,667

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