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Please check if correct. If it's correct don't correct anything. Determine the percentage increase in annual profits if YUX Corporation increases its selling price by

Please check if correct. If it's correct don't correct anything.

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Determine the percentage increase in annual profits if YUX Corporation increases its selling price by 20% and all other factors (including demand) remain constant. (Round answer to 2 decimal places, e.g. 15.25%.) Percent increase in profit 49.50 % Assume the price remains at $40 per unit and variable costs remain the same per unit, but fixed costs increase by 20% annually. Calculate the percentage increase in unit sales required to achieve the same level of annual profit calculated in part (b). (Round answer to 2 decimal places, e.g. 15.25%.) Percent increase in unit sales 3.84 Determine the sales required to earn an operating income of $337,200 after tax. YUX Corporation's income tax rate is 40%. Sales required to earn an operating income of $337,200 $ 1,204,640 Question Attempts: 0 of 1 used*Problem 6.42A a-e YUX Corporation sells a single product for $40. Its management estimates the following revenues and costs for the year 2020: Net sales $420,000 Selling expenses-variable $22,000 Direct materials 97,500 Selling expenses-fixed 19,000 Direct labour 62,700 Administrative expenses-variable 9,400 Manufacturing overhead-variable 18,400 Administrative expenses-fixed 9,600 Manufacturing overhead-fixed 11,720 Assuming fixed costs and net sales are spread evenly throughout the year, determine YUX's monthly break-even point in units and dollars. (Round answers to 0 decimal places, e.g. 5,275.) Monthly break-even in units 168 units Monthly break-even in dollars 6,720 Calculate the contribution margin ratio, the annual margin of safety ratio, and the annual profit. (Round answers to 0 decimal places, e.g. 15 or 15%.) Contribution margin ratio 50 Annual margin of safety ratio 81 Annual profit $ 169,680

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