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Cosmic Company is considering the production and sale of a new product with the following sales and cost data: unit sales price $18 unit variable
Cosmic Company is considering the production and sale of a new product with the following sales and cost data: unit sales price $18 unit variable costs $8.50 and total fixed costs of $81,250.
Required: Determine the dollar sales needed to generate after-tax income of $33,000, rounded to the nearest whole dollar, assuming the tax rate is 25%
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