Volume of sales dollars is required to earn-tax net income

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Reference no: EM13789532

Assume the following for Jake Collins’s lawn mowers sales:

Selling price $800 per unit

Variable costs $300 per unit

Total fixed costs $100,000

Tax rate 30%

Required:

What minimum volume of sales dollars is required to earn an after tax net income of $70,000?

Reference no: EM13789532

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