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Business, 17.04.2020 18:25 MJyoungboy

Ken Corporation is selling its product at unit price of $15, variable cost per unit is $7, fixed cost is $12,000 and it is subjected to 40 percent tax rate (includes federal and state income tax). The desired after tax profit is $3,000, the number of units required to be sold is:

a. 1,500 units
b. 2,152 units
c. 1,875 units
d. 2,125 units

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Answers: 1

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