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How many boxes of Jam would the company need to sell

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Reference no: EM133071440

Question - Joe's Jam has total fixed costs of $23,996. If the company's contribution margin is 20%, the income tax rate is 35% and the selling price of a box of Jam is $20, how many boxes of Jam would the company need to sell to produce a net income of $13,975?

Reference no: EM133071440

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