Question: A plant operating at 100 per cent capacity has a net profit of $40,000 with a 34 per cent tax on gross profits. If the

A plant operating at 100 per cent capacity has a net profit of $40,000 with a 34 per cent tax on gross profits. If the fixed costs are $110,000 and variable costs are 61 per cent of net sales, what is the break-even point (in per cent capacity)

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