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The following information pertains to Reynoldss current year operations: Selling price per...

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Accounting

The following information pertains to Reynoldss current year operations:
Selling price per unit $50
Variable costs per unit $10
Total fixed costs $66,000
The sales dollars required to obtain an after-tax target profit of $21,600, assuming a tax rate of 20% is:
Select one:
a.
$116,250
b.
$90,000
c.
$108,000
d.
$104,100

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