Answer the following questions using the information below: iPhone Manufacturing presents the following information: ...
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Accounting
- 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
| Tax rate | 40% |
| Total fixed costs | $80,000 |
| Selling price | $120 per unit |
| Variable costs | $80 per unit |
| 1,875 units | ||
| 3,750 units | ||
| 4,625 units | ||
| 3,050 units |
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