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Please with exlanation :) 5. Ralph Co. produced and sold 180,000 units of products in 2022 and prepared the following contribution margin income statement. Required:
Please with exlanation :)
5. Ralph Co. produced and sold 180,000 units of products in 2022 and prepared the following contribution margin income statement. Required: (1) What is Ralph's margin of safety in units? (2) Determine the sales revenues that ensures the pretax profit of $1,800,000 assuming the tax rate is 28%. (3) How many units should Ralph produce and sell that yields the after-tax profit of $1,337,040 assuming the tax rate is 28%. 5. Ralph Co. produced and sold 180,000 units of products in 2022 and prepared the following contribution margin income statement. Required: (1) What is Ralph's margin of safety in units? (2) Determine the sales revenues that ensures the pretax profit of $1,800,000 assuming the tax rate is 28%. (3) How many units should Ralph produce and sell that yields the after-tax profit of $1,337,040 assuming the tax rate is 28% Step by Step Solution
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