Falcon Environmental Services, Incorporated provides consulting services to power plants. The consulting firm$$s contribution$-$margin ratio is $20$ percent, and its annual fixed expenses are $$180,000.$ The firm$$s income$-$tax rate is $30$ percent.

Required:

Calculate the firm$$s break$-$even volume of service revenue.

How much before$-$tax income must the firm earn to make an after$-$tax net income of $$115,500?$

What level of revenue for consulting services must the firm generate to earn an after$-$tax net income of $$115,500?$