Note: for credit you must show your calculations for both parts A and B. The...
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Accounting
Note: for credit you must show your calculations for both parts A and B.
The Magenta Company has provided the following information: Income tax rate 30% Selling price per unit $6.60 Variable cost per unit $5.40 Total fixed costs $48,000.00 Required: A) Compute the break-even point in units. B) Compute the sales volume in units necessary to generate an after-tax net income of $20,000.
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