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im stuck here Exercise 18-13 Forecasted Income statement LO C2 Blanchard Company manufactures a single product that sells for $206 per unit and whose total
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Exercise 18-13 Forecasted Income statement LO C2 Blanchard Company manufactures a single product that sells for $206 per unit and whose total variable costs are $155 per unit. The company's annual fixed costs are $632.000. The sales manager predicts that annual sales of the company's product will soon reach 40.200 units and its price will increase to $229 per unit. According to the production manager, variable costs are expected to increase to $161 per unit but fixed costs will remain at $632.000. The income tax rate is 20% What amounts of petax and after-tax income can the company expect to earn from these predicted changes? Prepare a forecasted contribution margin income statement BLANCHARD COMPANY Forecasted Contribution Margin Income Statement Units per unitStep by Step Solution
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