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Please check to see if it's correct. Determine the percentage increase in annual profits if YUX Corporation increases its selling price by 20% and all

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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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