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What must total revenue be

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Question - In 2020, X Company's profits after taxes were $177,000. In 2021, the selling price is expected to be $36.20, the variable cost per unit is expected to be $26.90, and total fixed costs are expected to be $230,000.

Assuming a tax rate of 35%, what must total revenue be in 2021 in order for X Company to earn profit after taxes of $187,000?

Reference no: EM133014314

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