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Oro company sells a single product at a price of 60 per

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Oro Company sells a single product at a price of $60 per unit. Materials, labor, and variable overhead costs per unit are $16, $12, and $7, respectively. Annual fixed costs are $880,000. Oro is subject to a 30% income tax rate. What annual sales revenue is required to achieve an annual after tax net income of $224,000?

Reference no: EM13589989

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