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COVID Corporation expects to earn net operating profit after tax of $420,000 next year. Sales will be $7,000,000. The company manufactures a product with a
COVID Corporation expects to earn net operating profit after tax of $420,000 next year. Sales will be $7,000,000. The company manufactures a product with a selling price per unit of $200 and variable cost per unit of $150. The company experiences a 30 percent tax rate. What will be the firms fixed costs next year?
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