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CVP; multiproduct money clips, respectively, are $ 3 0 and $ 1 5 . The corporate - wide tax rate is 4 0 percent. a
CVP; multiproduct
money clips, respectively, are $ and $ The corporatewide tax rate is percent.
a How much revenue is needed to break even? $
How many wallets and money clips does this represent?
wallets
noney clips
b How much revenue is needed to earn a beforetax profit of $
Note: Do not round until you determine the number of units of each product; round number of units to the next highest whole unit in your calculations.
c How much revenue is needed to earn an aftertax profit of $
Note: Do not round until you determine the number of units of each product; round number of units to the next highest whole unit in your calculations.
d If Mel's earns the revenue determined in b but does so by selling five wallets for every two money clips, what would be the beforetax profit or loss
Note: Do not round until you determine the number of units of each product; round number of units to the next highest whole unit in your calculations.
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