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Problem 4-6 point Problem Delectable Dish Printery publishes the best-selling Captain Cajun Cookbook that sells for $30. The company incurs variable costs of $18
Problem 4-6 point Problem Delectable Dish Printery publishes the best-selling Captain Cajun Cookbook that sells for $30. The company incurs variable costs of $18 per cookbook and total fixed costs are $960,000. Required If the company's tax rate is 30%, how many cookbooks must be sold to generate $189,000 in net income? Proof of Net Income After Taxes Units sold x contribution margin per unit Less Fixed Cost Equals Operating Income before taxes Taxes Operating Income Before Taxes at Current Tax Rate Equals Net Income after Taxes
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