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Question 1 Mega Companys Max product has total fixed costs of $25,000. If the companys contribution margin is 60%, the income tax rate is 25%
Question 1
Mega Companys Max product has total fixed costs of $25,000. If the companys contribution margin is 60%, the income tax rate is 25% and the selling price of a box of Max is $20, how many boxes of Max would the company need to sell to produce a net income of $15,000?
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