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Assume the following information for Fernandez Company [SAME AS BEFORE]: Selling price $120 per unit Variable costs $80 per unit $80,000 Total fixed costs How

Assume the following information for Fernandez Company [SAME AS BEFORE]: Selling price $120 per unit Variable costs $80 per unit $80,000 Total fixed costs How much operating income needs to be earned in order to earn a net income of $30,000? (note: net income operating income after taxes; taxes are 25% of operating income)

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