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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 $30 and $15. The corporate-wide tax rate is 40 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 before-tax profit of $150,000?
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 after-tax profit of $150,000?
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 before-tax 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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