Question
X Company's accountant has developed the following budgeted revenue and cost functions for 2020: R = $31.62X C = $22.52X + $343,500 where R is
X Company's accountant has developed the following budgeted revenue and cost functions for 2020:
R = $31.62X
C = $22.52X + $343,500
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 $220,000 after taxes?
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A One-Year Accounting Course Part 2
Authors: Trevor Gambling
1st Edition
0080130267, 9780080130262
