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Answer the Following Questions Using the Information Below

Question 1

Multiple Choice

Answer the following questions using the information below:
Elliott Manufacturing has decided to produce a new interior door to complement its exterior door line.The new door is expected to sell for $60 each,and the annual target sales volume for the doors is 20 000.Elliott has target operating profit of 20% of sales.
-What are target sales revenues?


A) $960 000
B) $2 000 000
C) $1 200 000
D) None of these answers are correct.

Correct Answer:

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