QUESTION 21 saved Points out of 20.00 Flag question Net Income Planning Midvale Corporation sells a single product for $100 per unit, of which $40 is contribution margin. Fixed costs total $120,000 and net income before income tax is $48,000 Determine the following a. The present sales volume in dollars. $ 0 b. The break-even point in units. 0 units c. The sales volume in units necessary to attain a net income before income tax of $60,000. 0 units d. The sales volume in units necessary to attain a net income before income tax equal to 10% of sales revenue. 0 units e. The sales volume in units necessary to attain an after-tax net income of $54,000 if the tax rate is 40%. 11 units QUESTION 22 Answer saved Points out of 20.00 Flag question Budget Preparation Reeves Company is preparing its master budget for July. Use the given estimates to determine the amounts necessary for each of the