Multiple Choice
If total fixed costs are $62,000, contribution margin per unit is $5.00, and targeted after-tax net income is $12,000 with a 40 percent tax rate, then the number of units that must be sold is
A) 16,400.
B) 14,800.
C) 24,667.
D) 11,440.
Correct Answer:
Verified
Correct Answer:
Verified
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