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Lockwood Company currently sells its deadbolt locks for $30 each. The locks have a variable cost of $10 and the company's annual fixed costs are
Lockwood Company currently sells its deadbolt locks for $30 each. The locks have a variable cost of $10 and the company's annual fixed costs are $150,000. The company's tax rate is 40 percent. The company has determined it needs to earn an after tax profit of $24,000.
The number of locks must be sold to meet this profit is ______?
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