1. ABC company, you are given the last year net income: $80,000, income tax rate: 20%. Find the income before tax 2. For a manufacturing company that has a total monthly fixed costs of $100,000, variable costs per units of $10, selling price per unit $15, income tax rate of 20%, targeted net income of $10,000. Assume all other variables do not affect the cost volume profit relationship, the quantities needed to reach net income is: 3. For a manufacturing company that has a total monthly fixed costs of $100,000, variable costs per units of $10, income tax rate of 20%, targeted net income of $10,000. Assume all other variables do not affect the cost volume profit relationship, if sales in units (quantities) increase, total fixed costs in dollars Increase, decrease or stays the same 4. Giving the data for XF Company Year: Total Sales: Cost of Good Sold: Selling & Adm. Expenses: $92.5k 2009 2008 $145k $121.4k $880k $738.4k $80.7k Assume high low method is adequate in this case, the total fixed cost of goods sold is 5.Giving the data for XF Company: Year: Total Sales: Cost of Good Sold: Selling& Adm. Expenses: $92.5k 2008 2009 $145k $880k $121.4k $738.4k $80.7k Assume high low method is adequate in this case, the variable cost of cost of goods sold is: 6. The following date pertains to GHJ Company: Monthly fixed cost: $200,000 selling price per unit: $12 variable cost per unit: $4 income tax rate: 20% Find the contribution margin percentage: 1. ABC company, you are given the last year net income: $80,000, income tax rate: 20%. Find the income before tax 2. For a manufacturing company that has a total monthly fixed costs of $100,000, variable costs per units of $10, selling price per unit $15, income tax rate of 20%, targeted net income of $10,000. Assume all other variables do not affect the cost volume profit relationship, the quantities needed to reach net income is: 3. For a manufacturing company that has a total monthly fixed costs of $100,000, variable costs per units of $10, income tax rate of 20%, targeted net income of $10,000. Assume all other variables do not affect the cost volume profit relationship, if sales in units (quantities) increase, total fixed costs in dollars Increase, decrease or stays the same 4. Giving the data for XF Company Year: Total Sales: Cost of Good Sold: Selling & Adm. Expenses: $92.5k 2009 2008 $145k $121.4k $880k $738.4k $80.7k Assume high low method is adequate in this case, the total fixed cost of goods sold is 5.Giving the data for XF Company: Year: Total Sales: Cost of Good Sold: Selling& Adm. Expenses: $92.5k 2008 2009 $145k $880k $121.4k $738.4k $80.7k Assume high low method is adequate in this case, the variable cost of cost of goods sold is: 6. The following date pertains to GHJ Company: Monthly fixed cost: $200,000 selling price per unit: $12 variable cost per unit: $4 income tax rate: 20% Find the contribution margin percentage
