CVP analysis with income tax Jean H. Odge Company's 1992 sales were 22,000 units, an increase of 10 percent over 1991 sales. As a result, 1992 after-tax income was $69,600,16 percent higher than in 1991. Variable cost remained unchanged at $10 per unit. The company was subject to a 40 percent tax rate in both years.

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REQUIRED a. Find the company's 1991 tax expense and contribution margin. b. Calculate the 1992 contribution margin and the company's fixed cost and selling price per unit.