Mark's Magnets has total fixed costs of $20,990. If the company's contribution margin is 40%, the 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? A. 1,262 B. 2,895 C. 2,292 OD. 1,930 K During the current year, XYZ Company increased its variable SG&A expenses while keeping fixed SG&A expenses the same. As a result, XYZ's