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Cohen Company produces and sells socks. Variable cost is $ 3 . 0 0 per pair, and fixed costs for the year total $ 4
Cohen Company produces and sells socks. Variable cost is $ per pair, and fixed costs for the year total $ The selling price is $ per pair.
Required:
Calculate the breakeven point in units. Do not round intermediate calculations.
Calculate the breakeven point in sales dollars. Do not round intermediate calculations.
Calculate the units required to make a beforetax profit of $Do not round intermediate calculations.
Calculate the sales dollars required to make a beforetax profit of $Do not round intermediate calculations.
Calculate the sales, in units and in dollars, required to make an aftertax profit of $ given a tax rate of Do not round intermediate calculations. Round sales in units up to the nearest whole number and sales in dollars to the nearest whole dollar.
Answer is complete but not entirely correct.
tableBreakeven point,,unitsBreakeven point in sales dollars,$Units required,,Sales in dollars,$Sales in units,,Sales in dollars,$
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