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Answer the following questions using the information below: iPhone Manufacturing presents the following information: ...

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Accounting

  1. Answer the following questions using the information below: iPhone Manufacturing presents the following information:
    Tax rate 40%
    Total fixed costs $80,000
    Selling price $120 per unit
    Variable costs $80 per unit
    What is the number of units that must be sold to earn an after-tax net income of $42,000?

    1,875 units

    3,750 units

    4,625 units

    3,050 units

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