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X Company makes and sells a single product. Its budgeted profit equation for 2021 before taxes is P = $16.30% - $270,000, where X is

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X Company makes and sells a single product. Its budgeted profit equation for 2021 before taxes is P = $16.30% - $270,000, where X is the number of units sold. The company is not completely sure that the contribution margin will be $16.30 in 2021. Assuming that unit sales will be 25,500 in 2021, and the tax rate will be 30%, what must the contribution margin be in order for X Company to earn $24,000 after taxes (rounded to two decimal places)? A: $3.91 OB: $4.89 OC: $6.11 OD: $7.64 OE: $9.55 OF: $11.93

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