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aacountingPreston Products produces a disinfecting liquid. The liquid is sold in one gallon containers and has the following price and cost characteristics. Preston Products is
aacountingPreston Products produces a disinfecting liquid. The liquid is sold in one gallon containers and has the following price and cost
characteristics.
Preston Products is subject to an income tax rate of percent.
Required:
a How many gallons must Preston Products sell every month to break even?
b How many gallons must Preston Products sell to earn a monthly operating profit of $ after taxes?
Note: Round your answer to the nearest whole number.
a Breakeven sales in gallons
b Number of gallons to be sold
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