Question
QUESTION 37 The following information pertains to Marvolo, Inc. What is the sales volume (in units) required to obtain a target AFTER-TAX profit of $80,000?
QUESTION 37
The following information pertains to Marvolo, Inc. What is the sales volume (in units) required to obtain a target AFTER-TAX profit of $80,000?
Selling price per unit$150
Variable costs per unit$100
Total fixed costs$150,000
Tax rate40%
- 5,667 units
- 2,667 units
- 7,000 units
- 2,833 units
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
