CVP; taxes Golf Glider makes gasoline-powered golf carts. The selling price is $5,000 each, and costs are as follows: Cost Per Unit Total Direct material $2,000 Direct labor 625 325 50 Variable overhead Variable selling Annual fixed production overhead Annual fixed selling and administrative $100,000 48,000 Golf Glider's income is taxed at a 40 percent rate. a. How many golf carts must Golf Glider sell to earn $240,000 after tax? 274 golf carts b. What level of revenue is needed to yield an after-tax income equal to 20 percent of sales? Note: In your calculations, round the desired before-tax percentage of sales to two decimal places (for example, round 45.5555% to 45.56%). Note: Round your final answer to the nearest whole dollar. $ 1,120,000 X