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How many units must the company sell

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Question - Based on the following information how many units must the company sell to to earn $1.2 million?

Selling Price per unit = $100

Variable costs per unit = $75

Fixed costs = $300,000

Net income the company wants to achieve = $2 million

Effective tax rate = 35% (hint:  Net Income will be reduced by the tax rate)

Reference no: EM133067280

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