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can you explain in detail where each number is derived from and how to go about the problems? PROBLEM 7B GIVEN: VC/UNIT VC % FC

image text in transcribedcan you explain in detail where each number is derived from and how to go about the problems?

PROBLEM 7B GIVEN: VC/UNIT VC % FC TAX RATE AFTER-TAX NI 66 75.00% 396,000 30% 203,280 REQUIRED PREPARE A COMPLETE INCOME STATEMENT REFLECTING THE ABOVE DATA PER UNIT TOTAL UNITS = 31,200 100.00% 75.00% 25.00% 88 66 22 SALES VC CM FC PT TAX AT 2,745,600 2,059,200 686,400 396,000 290,400 87,120 203,280 100.00% 30.00% 70.00%

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