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QUESTION 3 Next year, we plan to sell a single product at the selling price of $80, with a unit variable cost of $41. Annual

QUESTION 3

Next year, we plan to sell a single product at the selling price of $80, with a unit variable cost of $41. Annual total fixed expenses are budgeted at $460,000. Our tax rate is 20%. Our target after-tax net operating income (NOI) is $130,000. What is our target revenue (in dollars) that would allow us to meet our target after-tax NOI?

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