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The Honda Bicycling Company is considering the production and sale of a new bike model with the following sales and cost data: unit sales price
The Honda Bicycling Company is considering the production and sale of a new bike model with the following sales and cost data: unit sales price $375; unit variable costs $250; and total fixed costs of $110,000. It is subject to a 20% tax rate.
Determine the dollar sales needed to generate an after-tax income of $216,000. Report in dollars
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