Marvin's Marbles has total fixed costs of $23,996. If the company's contribution margin is 20%, the income

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Question:

Marvin's Marbles has total fixed costs of $23,996. If the company's contribution margin is 20%, the income tax rate is 35% and the selling price of a box of Marble's is $20, how many boxes of Marbles would the company need to sell to produce a net income of $13,975?

A. 11,374

B. 10,750

C. 1,680

D. 2,844