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This is a company's current budget: Selling price 40 Volume 24,000 Variable costs 360,000 Fixed costs 500,000 Operating income 100,000 Income tax rate 30% Net
This is a company's current budget: Selling price 40 Volume 24,000 Variable costs 360,000 Fixed costs 500,000 Operating income 100,000 Income tax rate 30% Net income 70,000 What volume would give the company an "Operating Income" of $200,000? [You must round up your answer to the nearest whole dollar, and do not enter dollar signs [$) or comma's]
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