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Cotton Company produces and sells socks. Variable costs are budgeted at $2 per pair, and fixed costs for the year are expected to total $140,000.
Cotton Company produces and sells socks. Variable costs are budgeted at $2 per pair, and fixed costs for the year are expected to total $140,000. The selling price is expected to be $4 per pair.
The sales units required for Cotton Company to make an after-tax profit (A) of $21,000, given an income tax rate of 50%, are:
Group of answer choices
81,000 units.
90,000 units.
99,161 units.
93,500 units.
91,000 units.
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