X Company's accountant has developed the following budgeted revenue and cost functions for 2020: R = $31.69X
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Question:
X Company's accountant has developed the following budgeted revenue and cost functions for 2020:
- R = $31.69X
- C = $20.70X + $327,500
where R is revenue, C is total cost, and X is units sold.
Assuming a tax rate of 30%, how many units must X Company sell in 2020 in order to earn $271,000 after taxes?
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