Question: Your answer is incorrect. The contribution margin ratio for Sandhill Company is 25%. The breakeven point is $240,000. If Sandhill wishes to have operating income
Your answer is incorrect. The contribution margin ratio for Sandhill Company is 25%. The breakeven point is $240,000. If Sandhill wishes to have operating income of $72,000, how much must the company have in sales? (Round answers to O decimal places, e.g. 25,000.)
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