Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please show work. Thank you! Zeta Corp's most recent income statement is given below. Sales (10,000 units) Variable expenses Fixed expenses Tax Rate $160,000 68,000

image text in transcribed

please show work. Thank you!

Zeta Corp's most recent income statement is given below. Sales (10,000 units) Variable expenses Fixed expenses Tax Rate $160,000 68,000 55,000 30% The contribution margin per unit is $ per unit. b The contribution margin ratio is % (do not round). C. If sales double, total variable costs will equal $ d. Refer to the original data. If sales double, total fixed costs will equal $ e. Refer to the original data. If 20 more units are sold, operating income will increase by $ Refer to the original data. units must be sold to break even (round to 0 decimals). g. Refer to the original data. units must be sold to achieve operating income of $60,000 (round to 0 decimals). sales h. Refer to the original data. Zeta is considering increasing fixed costs by 40% and decreasing variable costs $1.00 per unit. Zeta would need to charge $ price PER UNIT to achieve a breakeven point of 11,000 units. i. Refer to the original data. Zeta is considering paying the store manager a $1.10 per unit sales commission on each unit sold in excess of the breakeven point. If this change is made, and Zeta sells 12,000 units, its new after tax income will be $ 1. Zeta must sell units to earn an after tax profit of $101,500 (round to 0 decimals). --> Click Submit complete this assessment. Question 4 of Save and Submit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

IS Audit And Control For Accountants

Authors: Mr Amir Manzoor

1st Edition

1493665006, 978-1493665006

More Books

Students also viewed these Accounting questions

Question

b. Why were these values considered important?

Answered: 1 week ago