Solving for unknowns, tax brackets, unit contribution margin approach, taxes. SpringFresh charges its customers $1.50 per pound laundered, regardless of the items to be cleaned. SpringFresh’s variable...

Solving for unknowns, tax brackets, unit contribution margin approach, taxes. SpringFresh charges its customers $1.50 per pound laundered, regardless of the items to be cleaned. SpringFresh’s variable costs equal $0.50 per pound laundered, with fixed costs amounting to $50,000 per month. SpringFresh’s income tax rate is 25%.

Required:

What is the volume of laundry (in pounds) that must be processed if SpringFresh desires to earn $120,000 in profit after taxes for the year?