Question
A Company sells its leading product for $30 per unit and has a contribution margin ratio of 30%. Total fixed costs are $183,000 per year
A Company sells its leading product for $30 per unit and has a contribution margin ratio of 30%. Total fixed costs are $183,000 per year and Franklin has a 40% tax rate. How many units does the company need to sell to generate an after-tax operating profit of $45,000?
- A. 9,850
- B. 28,667
- C. 32,833
- D. 12,000
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Financial Accounting
Authors: Bev Vickerstaff, Parminder Johal
1st Edition
1444170414, 978-1444170412
