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Last year, X Company had revenue of $217,000 and incurred the following total costs: There is a 38% tax rate.. Direct materials $41,230 Direct
Last year, X Company had revenue of $217,000 and incurred the following total costs: There is a 38% tax rate.. Direct materials $41,230 Direct labor [all variable] 17,360 Variable overhead 47,740 Variable selling and administration 6,510 Fixed overhead 16,700 Fixed selling and administration 19,700 If revenue and cost relationships are not expected to change in the coming year, what must revenue be in order for X Company to earn $80,000 after taxes? A: $237,690 OB: $344,651 OC: $499,743 OD: $724,628 E: $1,050,710 OF: $1,523,530 Submit Answer Tries 0/99 Send Feedback
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