Question
egolf glider makes gasoline-powered golf carts. the selling price is 5000 each, and cost are as follows: cost per unit total DM 2000 DL 625
egolf glider makes gasoline-powered golf carts. the selling price is 5000 each, and cost are as follows:
cost per unit total
DM 2000
DL 625
Variable OH 325
Variable Selling50
Annual fixed Production 250,000
annual fixed selling and admin 120,000
Golf Glider's income is taxed at a 40% rate
a. how many golf carts must golf glider sell to earn 600,000 after tax
b. what level of revenue is needed to yield an after-tax income equal to 20% of sales?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Managerial Accounting for the Hospitality Industry
Authors: Lea R. Dopson, David K. Hayes
2nd edition
978-1-119-2996, 1119299659, 978-1119386223
