Question
The Love Company has provided the following information: Income tax rate 30% Selling price per unit $6.60 Variable cost per unit $5.28 Total fixed costs
The Love Company has provided the following information:
Income tax rate 30%
Selling price per unit $6.60
Variable cost per unit $5.28
Total fixed costs $46,200.00
Required:
A) Compute the break-even point in units
B) Compute the sales volume in units necessary to generate an efter-tax net income of $10,000
C) Compute the sales volume in units necessary to generate an efter-tax net income of $20,000
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Managerial Accounting
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
2nd edition
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