Question 11

d. Break-even point in units .l 11. The Harding Company manufactures skates. The company's income statement for 2013 is as follows: HARDING COMPANY Income Statement For the Year Ended December 31, 2013 Sales (10,500 skates@$60 each $630,000 Less: Variable costs (10,500 skates at $25) .262,500 . 200,000 Fixed costs.. Earnings before interest and taxes (EBIT.. $167,500 Interest expense Earnings before taxes (EB... Income tax expense (30%) Earnings after taxes (EAT 73,500 62,500 .. $105,000 . 31,500 Given this income statement, compute the following