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Ivanhoe Furniture Company manufactures naturally weathered reclaimed wood furniture. A queen-size bed sells for $1,944 and variable costs total $1,172 Ivanhoe incurs $324,000 in
Ivanhoe Furniture Company manufactures naturally weathered reclaimed wood furniture. A queen-size bed sells for $1,944 and variable costs total $1,172 Ivanhoe incurs $324,000 in fixed costs during the year. The company's tax rate is 10%. How many queen-size beds must Ivanhoe sell to generate net income of $324,000? (Round answers to 0 decimal places, e.g. 25,000.) beds Save for Later Attempts: 0 of 1 used Submit Answer
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