Question
Apple Company has annual fixed costs totaling $6,000,000 and variable costs of $900 per unit. Each unit of product is sold for $1,700. Assume a
Apple Company has annual fixed costs totaling $6,000,000 and variable costs of $900 per unit. Each unit of product is sold for $1,700. Assume a tax rate of 30 percent. How many units must be sold to earn an annual profit of $420,000 after taxes?
Responses
8,025
4,586
8,250
9,250
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Financial Accounting And Reporting
Authors: Barry Elliott, Jamie Elliott
3rd Edition
0139488944, 978-0139488948
