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Exercise 9 - 2 7 ( Static ) CVP Analysis with Income Taxes [ LO 9 - 2 , 9 - 3 ] Cohen Company
Exercise Static CVP Analysis with Income Taxes LO
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.
Calculate the breakeven point in sales dollars.
Calculate the units required to make a beforetax profit of $
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.
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