1. Light Ltd. produces lighting fixtures. For the upcoming period, the company has provided the following budget information for two of its product lines Product A Product B Sales (units) Sales Less: variable costs Contribution margin Less: fixed costs Operating profit (loss) 120,000 $ 6,000,000 (2400,000) $ 3,600,000 (2.398,000) 400,000 $ 48,000,000 8,000,000) $ 10,000,000 (6,200,000) If Light wishes to achieve a total net (after-tax) income of $7,000,000 and has a tax rate of 30%, how many units of Product B must it sell if the sales mix remains unchanged? a) 400,000 b) 547,000 c) 623,920 d) 743,920