Question
9. In 2020, X Company's profits after taxes were $179,000. In 2021, the selling price is expected to be $35.10, the variable cost per unit
9. In 2020, X Company's profits after taxes were $179,000. In 2021, the selling price is expected to be $35.10, the variable cost per unit is expected to be $24.50, and total fixed costs are expected to be $220,000.
Assuming a tax rate of 33%, what must total unit sales be in 2021 in order for X Company to earn profit after taxes of $192,000?
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
13th Edition
9780470374948, 470423684, 470374942, 978-0470423684
