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The Mudd Company wants to make an after-tax profit of $150,000. The company sells each unit for $100 and variable costs represent 60% of sales.
The Mudd Company wants to make an after-tax profit of $150,000. The company sells each unit for $100 and variable costs represent 60% of sales. If fixed costs total $50,000 and the company's tax rate is 25%, how many units does the company need to sell in order to meet their goal?
7,550 units
6,250 units
5,190 units
7,080 units
1,060 units
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