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For the most recent year, Triad Company had fixed costs of $130,000 and variable costs of 80% of total sales revenue, earned $39,000 of net
For the most recent year, Triad Company had fixed costs of $130,000 and variable costs of 80% of total sales revenue, earned $39,000 of net income after taxes, and had an income tax rate of 35%.
1. Determine the before-tax income.
2. Determine the total contribution margin.
3. Determine the total sales.
4. Determine the break-even point in dollar sales.
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