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5.39 Solving for unknowns, tax brackets, unit contribution margin approach, taxes (LOI, LO2). SpringFresh provides commercial laundry and linen services to local hospitals, hotels, and

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5.39 Solving for unknowns, tax brackets, unit contribution margin approach, taxes (LOI, LO2). SpringFresh provides commercial laundry and linen services to local hospitals, hotels, and restaurants. SpringFresh charges its customers $1.50 per pound laundered, regardless of the items to be cleaned (e.g., sheet, towel, garment, tablecloth) Spring- Fresh's variable costs equal $0.50 per pound laundered, with fixed costs amounting to $50,000 per month. SpringFresh's income tax rate is 25%. Required: What is the volume of laundry (in pounds) that must be processed if SpringFresh de- sires to earn $120,000 in profit after taxes for the year? in matin annenach (LOL LO2). The local

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