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Legacy Company is considering the production and sale of a new product with the following sales and cost data: unit price $18; it variable costs

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Legacy Company is considering the production and sale of a new product with the following sales and cost data: unit price $18; it variable costs $8.10; and total fixed costs of $8, 250. Legacy is subject to a 25% tax rate. Using the appropriate formula, calculate the dollar sales needed to generate pre-tax income of $33,000. What is the amount of income after income taxes? Prepare a contribution margin income statement that proves the pre-tax income, the income tax expense, and the income after taxes

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