Sales have to increase to get the same target profit

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Reference no: EM131659626

for a particular company, the cost of manufacturing which includes direct material and labor is 65% of sales, the profit is 15% of sales. The company projects that the cost of manufacturing should be reduced to 60% of sales so as to reach their target profit level. How much should sales have to increase to get the same target profit?

Reference no: EM131659626

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