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Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales Variable expenses Contribution margin Fixed expenses Operating income Total
Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales Variable expenses Contribution margin Fixed expenses Operating income Total Per Unit $499,500 $ 30 199,800 12 299,700 $18 239,760 $ 59,940 Menio Company Contribution Income Statement Total Per unit Sales $ 566,100 $ 30 Variable expenses 226,440 12 Contribution margin 339,660 $ 18. Fixed expenses Operating income $ 239,760 99,900 4. Refer to part 3 and now assume that the tax rate is 30%. How many units would need to be sold each month for an after-tax target profit of $99,900? (Round the final answer to the nearest whole number.) Unit sales required units
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