rate positively .
After tax net income = | 48450 | ||
Tax rate = | 40% | ||
Before tax income =48450/(1-40%) | 80750 | ||
fixed cost = | 250000 | ||
Contribution margin total = | 330750 | ||
Contribution margin per unit = | 40 | ||
90-50 | |||
Unit sold= 330750/40 | 8269 | ||
Ans is option =C | 8269 | ||
show work plz Sales price per unit $90.00 Variable cost per unit $50.00 Total fixed costs...
Sales price per unit Total Fixed Costs Variable cost per unit $45 $1,500,00 0 $30 How many units does the company have to sell to break even? How much of sales dollar does the company have to make to break even? The company targets to make $500,000 in profit. How many units does the company have to sell to make this target? (round to the nearest integer) Assume that the income tax rate is 20%. How many units does the...
If selling price per unit is $45 variable costs per unit are 525 total fixed costs are $20,000, the tax rate is 40% and the company sells 8,000 units, net income is O A 591,200 O B. $.000 OC. $79200 OD. $132000
Effect of taxes on break-even and target volume Machine INC desires an after-tax income of $500,000. It has fixed costs of $2,500,000, a unit sales price of $300, and unit variable costs of $150; it is in the 40% tax bracket. Required: A. What amount of the pre-tax income is needed to earn an after-tax income B. What target volume sales revenue must be reached to earn the $500,000 C. Assuming that this is a single-product firm, how many units...
Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs (LO5-1, LO5-4) Meer Company's contribution format income statement for the most recent month is shown below. Per Unit $10.00 Sales (33.000 nits) Variable expenses Contribution margin Fixed expenses perating con Required: (Consider each case independently 1 What is the revised net operating income funit sales increase by 10%? 2 What is the revised net operating income of the selling price decreases by $150 per...
Assume the following cost information for Fernandez Company: Selling price $180 per unit Variable costs $60 per unit Total fixed costs $85,000 Tax rate 40% What minimum volume of sales dollars is required to earn an afterminus−tax net income of $60,000? (Do not round interim calculations and round the final answer to the nearest dollar.) A. $277,500 B. $150,000 C. $212,500 D. $127,500
If selling price per unit is $45, variable costs per unit are $30, total fixed costs are $21,000, the tax rate is 30%, and the company sells 6,000 units, net income is O A $69,000 OB. $63,000 OC. $9,000 OD. 548,300
Exercise 6-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs [LO6-1, LO6-4] Miller Company's contribution format income statement for the most recent month is shown below: Sales (31,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $186,000 93,000 93,000 44,000 $ 49,000 Per Unit $6.00 3.00 $3.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 11%? 2. What is the revised...
Quality Mfg. Co. has the following cost information: Fixed Costs $18,000 Sales Price Per Unit $80 Variable Costs Per Unit $50 (a) Using the Equation Approach, determine the Break Even Point in $ Sales Volume. (b) Using the Equation Approach, determine the Total Sales Volume ($) that must be sold to earn a profit of $6,000 before taxes. (c) What is the Contribution Margin Ratio? For each of the above questions, show the applicable equation & your work.
Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs [LO5-1, LO5-4] Miller Company's contributlon format Income statement for the most recent month is shown below Total Per Unit Sales (37,00e units) Variable expenses $ 333,eee 222,000 $9.ee 6.ee Contrifution margin 111,eee $ 3.00 Fixed expenses 5e,000 Net operating income- 61,e00 Required: (Consider each case independently 1 What is the revised net operating income if unit sales increase by 16%? 2 What is the...
10) Assume the following cost information for Fernandez Company: Selling price Variable costs Total fixed costs Tax rate $200 per unit $60 per unit $80,000 30% What is the number of units that must be sold to earn an after-tax net income of $50,000? (Do not round interim calculations and round the final answer to the nearest unit.) A) 929 units B) 817 units C) 1,082 units D) 650 units