2. Assume the following cost behaviour data for Portrait Company:

Sales price	$18.00 per unit
Variable costs	$13.50 per unit
Fixed costs	$22,500
Tax rate	40%

What volume of monetary sales is required to earn an after-tax income of $27,000?

a.

$90,000

b.

$180,000

c.

$198,000

d.

$270,000

CLEAR MY CHOICE