Cohen Company produces and sells socks. Variable costs are $6 per pair, and fixed costs for the year total $75,000. The selling price is $10 per pair.

Required

Calculate the following:

1. The breakeven point in units.

2. The breakeven point in sales dollars.

3. The units required to make a before-tax profit of $40,000.

4. The sales in dollars required to make a before-tax profit of $35,000.

5. The sales, in units and in dollars, required to make an after-tax profit of $25,000 given a tax rate of 30%.