Nova Co. reports the following financial data: Contribution Margin: $250 After-Tax Income: $90 Tax Rate: 40% What are the fixed costs?
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- Zachia Ltd provides the following data regarding its four product lines: Product Sales mix Weighted average contribution margin per unit (WACMU) Fixed costs Desired profit after tax w Y 60 20 15 $13.7 $71,000 $33,950 The corporate tax rate is 30% Required Calculate the number of units of Product X that must be sold in order to achieve the desired after-tax profit?What is the weighted average contribution margin percentage?How do I solve this question?