Solved: Jacks jax has total fixed cost of 25000 how many boxes of, Accounting Basics

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Jacks jax has total fixed cost of 25000 how many boxes of

Question - Jack's Jax has total fixed cost of $25,000. If the company's contribution margin is 60%, the income tax rate is 25% and the selling price of a box of Jax is $20, how many boxes of Jax would the company need to sell to produce a net income of $15,000?

A. 5625

B. 4445

C. 3750

D. 3333

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Accounting Basics: Jacks jax has total fixed cost of 25000 how many boxes of

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Accounting Basics: Jacks jax has total fixed cost of 25000 how many boxes of

Reference No:- TGS02943043

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