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Assume the following cost information for Fanta Company: selling price $120 per unit; variable costs $80 per unit; total fixed costs $80,000; tax rate 15%.
Assume the following cost information for Fanta Company: selling price $120 per unit; variable costs $80 per unit; total fixed costs $80,000; tax rate 15%.
What is required sales dollars to earn an after-tax net income of $38,250?
Select one:
a.
$125,000
b.
$375,000
c.
$1,005,000
d.
$354,720
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