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MBO. INC. sells a single product (Seminoles) which has a selling price of $10: variable cost per unit of $6 and fixed costs of $16.
MBO. INC. sells a single product (Seminoles) which has a selling price of $10: variable cost per unit of $6 and fixed costs of $16. JIMBO's tax rate is 20% 1. The units which must be sold to "break even" are 2. Total Revenue at the "break even" point is... 3. Cost per unit at "break even" sales is. 4. Income if JIMBO sells 10 units is. 5. Cost per unit at sales of 10 units of sales is 6. Why are the amounts in questions 3 and 5 different? Assume the information given above for JIMBO remains the same (selling price of $10; variable cost per unit of $6; fixed costs of $16 and a tax rate of 20%) but JIMBO produces 10 units and sells only 7. 7. The cost of goods sold using Absorption Costing is 8. The net income after taxes using Absorption Costing i.s.. 9. The cost of goods sold using Variable (Direct) Costing is 10. The net income after taxes using Variable (Direct) Costing is
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