Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sales = 45,000 Variable costs = 33,000 Contribution margin = 12,000 Fixed Expenses = 9,600 Operating income = 2,400 Net income 1680 tax rate 30

Sales = 45,000

Variable costs = 33,000

Contribution margin = 12,000

Fixed Expenses = 9,600

Operating income = 2,400

Net income 1680

tax rate 30 %

If sales increase by 1,000 units, by how much should net income increase?

how many units must be sold to earn a pretax income of $7,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Cost Accounting

Authors: Edward J. Vanderbeck

14th Edition

0324374178, 978-0324374179

More Books

Students also viewed these Accounting questions

Question

7. Explain how an employee could reduce stress at work.

Answered: 1 week ago