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Jamie Quinn, a sole proprietor, has the following projected figures for next year: Selling price per unit $150 Variable cost ratio 70% Total fixed costs
Jamie Quinn, a sole proprietor, has the following projected figures for next year:
Selling price per unit $150
Variable cost ratio 70%
Total fixed costs $112,550
If Jamies tax rate is 25%, how many units need to be sold to earn an after tax profit of $3,675?
a. 1,107 units
b. 2,583 units
c. 1,072 units
d. 2,610 units
e. 2,502 units
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