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Mark's Magnets has total fixed costs of $ 2 0 , 9 9 0 the company's contribution margin is 4 0 the income tax rate

Mark's Magnets has total fixed costs of $20,990the company's contribution margin is 40the income tax rate is 20% and the selling price of a box of Magnets is $30, how many boxes of Magnets would the company need to sell to produce a net income of $11,000

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