Kelvin Co. produces and sells socks. Variable costs are $4 per pair, and fixed costs for the year total $90,000. The selling price is $6 per pair.
The sales units required to make an after-tax profit of $15,000, given an income tax rate of forty percent, are calculated to be:
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Kelvin Co. produces and sells socks. Variable costs are $4 per pair, and fixed costs for the year total $90,000. The selling price is $6 per pair.
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