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For the most recent year, Triad Company had fixed costs of $300,000 and variable costs of 75% of total sales revenue, earned $91,000 of net
For the most recent year, Triad Company had fixed costs of $300,000 and variable costs of 75% of total sales revenue, earned $91,000 of net income after taxes, and had an income tax rate of 35%.
Required: |
1. | Determine the before-tax income. |
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2. | Determine the total contribution margin. |
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3. | Determine the total sales. |
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4. | Determine the breakeven point in dollar sales. |
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