Question: Cher's Cherries has total fixed costs of $20,990. If the company's contribution margin is 40%, the income tax rate is 20% and the selling price
Cher's Cherries has total fixed costs of $20,990. If the company's contribution margin is 40%, the income tax rate is 20% and the selling price of a box of Cherries is $30, how many boxes of Cherries would the company need to sell to produce a net income of $11,000
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