Question: Study Appendix 2B. Suppose Wooliscroft Construction Company has a 32% income tax rate, a contribution-margin ratio of 45%, and fixed costs of $664,000. What sales
Study Appendix 2B. Suppose Wooliscroft Construction Company has a 32% income tax rate, a contribution-margin ratio of 45%, and fixed costs of $664,000. What sales volume is necessary to achieve an after-tax income of $136,000?
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