A company has fixed costs of $700,000.The selling price and variable cost per unit are $50.00, and $10.00, respectively.How many units does the company need to sell to achieve net income of $100,000 after income tax, assuming the income tax rate is 50%?

a.22,500b.2,500c.17,500d.18,000 Pick one Multiple choice

Absorption cost is required for:

income tax purposes. Which of the following is generallynotconsidered a service organization?

a.	Plumbers
b.	Lawyers
c.	Hair stylists
d.	Autoparts stores

Break-even sales volume in units is determined by:

a.	Dividing the fixed cost by the difference between the unit selling price and unit variable costs.
b.	Dividing the fixed cost by the unit selling price.
c.	Subtracting the variable cost per unit from the unit selling price.
d.	Subtracting the fixed cost from the contribution margin.