Question
Next year, we plan to sell a single product at the selling price of $50, with a unit variable cost of $31. Annual total fixed
Next year, we plan to sell a single product at the selling price of $50, with a unit variable cost of $31. Annual total fixed expenses are budgeted at $460,000. Our tax rate is 20%. Our target after-tax net operating income (NOI) is $130,000. What is our target revenue (in dollars) that would allow us to meet our target after-tax NOI?
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Managerial Accounting
Authors: Stacey WhitecottonRobert LibbyRobert Libby, Patricia LibbyRobert Libby, Fred Phillips
1st Edition
0078110777, 9780078110771
