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need full solutions pls! Question 16 (18 points) Ratelle Company manufactures two products. Information about the two products is as follows: (18 marks) Product A
need full solutions pls!
Question 16 (18 points) Ratelle Company manufactures two products. Information about the two products is as follows: (18 marks) Product A Product B Selling sales price per unit $120 $45 Variable costs per unit $68 $23 The company expects fixed costs to be $283,500 The firm expects 75% of its sales (in units) to be Product A. Fixed costs of $215,625 are allocated to Product A and $70,875 are allocated to Product B. The income tax rate is 40% Required: - note be sure to label your work for parts (a )to (c) and clearly document all calculations IN GOOD FORM. ( 18 marks) a) Determine the break-even point in units for Products A and B. 1 b) Determine the level of sales (in dollars) necessary to generate operating income of $198,000. c) Determine the level of sales (in dollars) necessary to generate net income of $128,700 Step by Step Solution
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