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Ebony Products has the following product information available:

Sales price $35 per unit
Variable costs $10 per unit
Fixed costs $90,000

Required: If Ebony is in the 40% tax bracket, how many units need to be sold in order to earn an after-tax target profit of $450,000?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92587918
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