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Anglico's most recent income statement is given below. Sales (8,000 units) $160,000 Less variable expenses (68,000) Contribution margin 92,000 Less fixed expenses (50,000) Net income

Anglico's most recent income statement is given below.

Sales (8,000 units) $160,000

Less variable expenses (68,000)

Contribution margin 92,000

Less fixed expenses (50,000)

Net income $42,000

Required:

a. Contribution margin per unit is $ ________ per unit

b. If sales are doubled total variable costs will equal $ ________

c. If sales are doubled total fixed costs will equal $ ________

d. If 20 more units are sold, profits will increase by $ ________

e. Compute how many units must be sold to break even. # ________

f. Compute how many units must be sold to achieve

operating income of $60,000. # ________

g. Compute the revenue needed to achieve an after tax

income of $30,000 given a tax rate of 30%. $ ________

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