Question: please answer the question with steps provide the calculation Montoya Manufacturing has fixed costs of $3,000,000 and variable costs are 40% of sales. What are

please answer the question with steps provide the calculation

Montoya Manufacturing has fixed costs of $3,000,000 and variable costs are 40% of sales. What are the required sales if Montoya desires net income of $300,000 ? a. $5,500,000 b. $5,000,000 c. $8,250,000 d. $7,500,000

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