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Cohen Company produces and sells stocks. Variable costs are $6 per pair and fixed costs for the year total $75,000. The selling price is $10
Cohen Company produces and sells stocks. Variable costs are $6 per pair and fixed costs for the year total $75,000. The selling price is $10 per pair. Determine the sales in units and in dollars, required to make an after-tax profit of $25,000 given a tax rate of 30%.
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