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Below is an income statement for Tori Spelling Company: Below is an income statement for Tori Spelling Company: Sales (40,000 x $10) $400,000 Variable costs

Below is an income statement for Tori Spelling Company:

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Below is an income statement for Tori Spelling Company: Sales (40,000 x $10) $400,000 Variable costs (40,000 X $2.50) 1 100,000) Contribution margin (40,000 x ?) $300,000 Fixed costs 150,000) Net Income $250,000 21. How many units would Tori Spelling need to sell to eam a net income of $40,000 after tax {income tax = 60%)? a. 25,500 15. 20,000 1:. 12,000 d. 15,555

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