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Please answer as soon as possible, I will upvote your answer. Thanks in advance. Seminole Corporation sells graduation gowns for finance majors. Seminole has sales
Please answer as soon as possible, I will upvote your answer. Thanks in advance.
Seminole Corporation sells graduation gowns for finance majors. Seminole has sales revenue of $600,000, variable manufacturing costs of $250,000, other variable costs of $50,000, total fuxed manufacturing costs of $100,000, and total fixed selling costs of $20,000. What level of sales revenue will Wilco have to generate to earn an after-tax profit of $320,000 ? Wilco's tax rate is 20 percent. Some other answer $880,000$1,040,000$896,552$1,000,000 Step by Step Solution
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