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Information for Question 17 - 20: The yearly break-even point in sales for Rice Company is $360,000, contribution margin per unit is $12.00 and the
Information for Question 17 - 20: The yearly break-even point in sales for Rice Company is $360,000, contribution margin per unit is $12.00 and the company's contribution margin ratio is 20%. Its income tax rate is 40%. What is the fixed cost of Rice Company? Select one: O A. $6,000.00 per month. O B. $72,000.00 per year. C . $72,000.00 per month. o D. $288,000.00 per year. O Information for Question 17 - 20: The yearly break-even point in sales for Rice Company is $360,000, contribution margin per unit is $12.00 and the company's contribution margin ratio is 20%. Its income tax rate is 40%. What is the Break-Even point in units of Rice Company? Select one: A. 550 units per month. B. 6,000 units per month. C. 5,000 units per year. D. 6,000 units per year. Information for Question 17 - 20: The yearly break-even point in sales for Rice Company is $360,000, contribution margin per unit is $12.00 and the company's contribution margin ratio is 20%. Its income tax rate is 40%. What is the selling price per unit of Rice Company? Select one: a. $48. b. $72. C. $50 d. $60. Information for Question 17 - 20: The yearly break-even point in sales for Rice Company is $360,000, contribution margin per unit is $12.00 and the company's contribution margin ratio is 20%. Its income tax rate is 40%. If Rice Company desires an after-tax operating profit of $84,000, what would total sales have to be? Select one: O A. $780,000 B. $1,050,360. C. Cannot be determined without additional information. D. $1,060,000
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