Suppose Merla Security Company has a 40 percent income tax rate, a contribution-margin ratio of 30 percent,

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Suppose Merla Security Company has a 40 percent income tax rate, a contribution-margin ratio of 30 percent, and fixed costs of $440,000. How many sales are necessary to achieve an after-tax income of $42,000?

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Management Accounting

ISBN: 978-0132570848

6th Canadian edition

Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu

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Question Posted: Jun 29, 2019 01:10 PM

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Suppose Merla Security Company has a 40 percent income tax rate, a contribution-margin ratio of 30 percent,

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Management Accounting

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