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Required information Complete this question by entering your answers in the tabs below.
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Required 3
Required 4
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Required 6
What would be the required sales, in units and in dollars, to generate a pretax profit of $30,000?
Note: Round your answer up to the nearest whole number. Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Required 3
Required 4
Required 5
Required 6
Assume an income tax rate of 40%. What would be the required sales volume, in both units and dollars, to generate an after-
tax profit of $30,000?
Note: Round your answer up to the nearest whole number. Complete this question by entering your answers in the tabs below.
Prepare a contribution income statement as a check for your calculations in requirement 3.
Note: Round final answers to nearest whole dollars.Complete this question by entering your answers in the tabs below.
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Required 6
The manager believes that a $60,000 increase in advertising would result in approximately a $200,000 increase in annual
sales. If the manager is right, what will. be the effect on the company's operating profit or loss?
[The following information applies to the questions displayed below.]
Horton Manufacturing Incorporated (HMI) is suffering from the effects of increased local and global competition for its main
product, a lawn mower that is sold in discount stores throughout the United States. The following table shows the results
of HMI's operations for 2019:
Sales units @ $84)
Variable costs @ $63)
Contribution margin
Fixed costs
Operating profit (loss)
Complete this question by entering your answers in the tabs below.
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Required 3
Required 4
Required 5
Required 6
Compute HMI's breakeven point in both units and dollars. Also, compute the contribution margin ratio.
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