In your own words, describe how you would incorporate income tax into the calculation of required sales to achieve a certain after-tax profit.

b) Legal Solvers Ltd. is considering running a what-if analysis on their break-even calculations. In your own words, explain how changes in the below variables will impact break-even in billing hours:

i. increase in variable cost

ii. decrease in fixed cost

iii. increase in average billing rate per hour

iv. increase in fixed cost