FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Kevin’s Totes sells hand-made tote bags for $10 each. Tammy’s variable costs are $6 per bag and her fixed costs total $4040 per month. If Kevin’s tax rate is 20%, how many totes must she sell each month if she wants to earn $6100 in net income?
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