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Question-1 Dave's has total fixed costs of $45,000. If the company's contribution margin is 50%, the income tax rate is 28% and the selling price
Question-1 Dave's has total fixed costs of $45,000. If the company's contribution margin is 50%, the income tax rate is 28% and the selling price of a box of Jax is $23, how many boxes of Jax would the company need to sell to produce a net income of $19,000? Question-2 A company needs to sell 15,000 units of its only product in order to break even. Fixed costs are $180,000, and the per unit selling price and variable costs are $24 and $11, respectively. If total sales are $270,000, the company's margin of safety will be equal to
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