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Marin Company manufactures a single product. Marin normally produces and sells 530 units per month at $118 each. The companys income tax rate is 30%.
Marin Company manufactures a single product. Marin normally produces and sells 530 units per month at $118 each. The companys income tax rate is 30%. Estimated monthly costs are as follows:
Exercise 3.26 Marin Company manufactures a single product. Marin normally produces and sells 530 units per month at $118 each. The company's income tax rate is 30%. Estimated monthly costs are as follows: Manufacturing Nonmanufactuing Variable $10,600 $5,300 Fixed 13,780 9,010 What is the contribution margin per unit? Contribution margin per unit LINK TO TEXT What is the contribution margin ratio? (Round to 2 decimal places, e.g. 17.54%.) Contribution margin ratio LINK TO TEXT How many units must Marin sell to break even? (Round answer to nearest whole units, e.g. 125.) Breakeven point units LINK TO TEXT If the company desires an after-tax profit of 19% on the selling price, what is the equivalent pretax return on sales? (Round intermediate calculations to 4 decimal places, e.g. 15.1679 and final answer to 0 decimal places, e.g. 5,125.) Pretax return LINK TO TEXTStep by Step Solution
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