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2. (45 points) Actual monthly sales for July was 7,000 units. The selling price was $120, while the variable costs was $80 per unit. Besides
2. (45 points) Actual monthly sales for July was 7,000 units. The selling price was $120, while the variable costs was $80 per unit. Besides that, the fixed costs was $100,000 per month and the company had a 40 percent tax rate. Determine each of the following values: a. What was the contribution margin per uni? b. What was the breakeven point in units? c. What was the breakeven point in sales d. How many units would need to be sold-to ob pretax profit of $240,00 e. What is the margin of safety in un f Calculate after-tax net income for July
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