ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com... M 16 4. Saved Help Save & Exit Subm During 2020, Seth Britain Lab supplied...
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ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com... M 16 4. Saved Help Save & Exit Subm During 2020, Seth Britain Lab supplied hospitals with a comprehensive diagnostic kit for $130. At a volume of 90,000 kits, Seth had fixed costs of $1,040,000 and a profit before income taxes of $130,000. Due to an adverse legal decision, Seth's 2021 liability insurance increased by $1,170,000 over 2020. Assuming the volume and other costs are unchanged, what should the 2021 price be if Seth is to make the same $130,000 profit before income taxes? (CPA adapted) ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com... M 16 4. Saved Help Save & Exit Subm During 2020, Seth Britain Lab supplied hospitals with a comprehensive diagnostic kit for $130. At a volume of 90,000 kits, Seth had fixed costs of $1,040,000 and a profit before income taxes of $130,000. Due to an adverse legal decision, Seth's 2021 liability insurance increased by $1,170,000 over 2020. Assuming the volume and other costs are unchanged, what should the 2021 price be if Seth is to make the same $130,000 profit before income taxes? (CPA adapted)
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