Question
not graded please show formula so I understand Hailstorm Company sells a single product for $22 per unit. Variable costs are $14 per unit and
not graded please show formula so I understand
Hailstorm Company sells a single product for $22 per unit. Variable costs are $14 per unit and fixed costs are $90,000 at an operating level of 7,000 to 12,000 units.
a. What is Hailstorm Company's break-even point in units?
Answer units
b. How many units must be sold to earn $12,000 before income tax?
Answer units
c. How many units must be sold to earn $13,000 after income tax, assuming a 35% tax rate?
Answer units
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Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel
3rd Edition
0470377852, 978-0470377857
