Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 15, 2024

If the unit sales price is $12, the unit variable costs $7, fixed costs $360,000, and the tax rate is 40%, how many units must

If the unit sales price is $12, the unit variable costs $7, fixed costs $360,000, and the tax rate is 40%, how many units must be sold to earn $39,000 of after-tax net income?

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

Recommended Textbook for

Fraud Risk Assessment Building A Fraud Audit Program

Authors: Leonard W. Vona

1st Edition

047012945X, 978-0470129456

More Books

Students also viewed these Accounting questions

Question

★★★★★

Consider for (a) Show that A has eigenvalue = 1 with multiplicity 3, and that all eigenvectors are scalar multiples of (b) Use part (a) to find a solution of the system in the fonn (c) Find a second...

Answered: 1 week ago

Question

★★★★★

According to the case, finding and obtaining mentors seems to be one of the goals of developing and maintaining a strong network. Explain why

Answered: 1 week ago

Question

★★★★★

Be aware of your speaking rate, and adjust it if necessary.

Answered: 1 week ago

Question

★★★★★

Portias Parts Shop recorded the following purchases and sales during the past year: Assume that the company sold all of the June 15 purchase and 100 cases each from the January 1 beginning inventory,...

Answered: 1 week ago

Question

★★★★★

If the unit sales price is $12, the unit variable costs $7, fixed costs $360,000, and the tax rate is 40%, how many units must be sold to earn $39,000 of after-tax net income?

Answered: 1 week ago

Question

★★★★★

At year-end 2019, total assets for Arrington Inc. were $1.9 million and accounts payable were $390,000. Sales, which in 2019 were $2.40 million, are expected to increase by 20% in 2020. Total assets...

Answered: 1 week ago

Question

★★★★★

In the Customer Information window, which tab can you use to enter a Tax Resale number for the Customer? A Payments. B Additional info. C Addresses. D Notes and attachment

Answered: 1 week ago

Question

★★★★★

What type of stress primarily occurs on the spine during a back squat? Tension Compression O Torsion O Shear Bending

Answered: 1 week ago

Question

★★★★★

A Scrum Master is frustrated that her team finds no value during Iteration retrospectives, and the team has asked that she cancel all future ones. Which two specific anti-patterns are most likely...

Answered: 1 week ago

Question

★★★★★

Your leader asks you to help unload and organize merchandise from a large truck shipment before your break. While you are working on it, you overhear two team members struggling to organize the...

Answered: 1 week ago

Question

★★★★★

Marcus is scared that he will not find a job in the current economy. He decides to become a lawyer and attends one of the top law schools in the country. Upon graduation, he is hired by a top law...

Answered: 1 week ago

Question

★★★★★

Are these teething troubles of JBSs expansion plans? a. If yes, should these have been anticipated or planned for? b. If not, discuss what went wrong at JBS?

Answered: 1 week ago

Question

★★★★★

Does the policy provide clear guidance on what happens if an employee violates the code of conduct?

Answered: 1 week ago

Question

★★★★★

What lessons in intervention design, does this case represent?

Answered: 1 week ago

Previous Question Next Question