Hangers Co. manufactures and sells a single product. This product has the following operational data: Unit sales price
Variable manufacturing cost per unit 17
Fixed manufacturing costs 72,000
Variable selling cost per unit 1
Fixed selling costs 27,000
Marginal tax rate What amount of total revenue would be needed to meet an after-tax profit target of $48,000?
A) $365,000
B) $547,500
C) $630,000
D) $447,500
Correct Answer:
Verified
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