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12. X Company sells only one type of product at a price of $60 each. Variable costs are $40 per unit, fixed costs are $150,000.

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12. X Company sells only one type of product at a price of $60 each. Variable costs are $40 per unit, fixed costs are $150,000. If the tax rate is 40%, how many units must be sold to earn after-tax profits of $120,000? a. 22,500 units b. 20,000 units c. 17,500 units d. 15,000 units

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