Trojan Limited is considering adding a new product to its range of merchandise. The product has the following prices and costs:

Unit selling price $80.00

Unit variable cost $47.20

Total fixed costs per year $984,000

Income tax rate 40%

How many units must Trojan sell to earn a targeted after-tax profit of $492,000?

Multiple Choice

• 6,150 units

• 60,000 units

• 55,000 units

• 25,000 units

• 45,000 units

  Pacific Place has developed the following sales forecast for the following months.

  Month	Sales
  May	$500,000
  June	$650,000
  July	$380,000
  August	$300,000

  The collection policy for customers is:

  40 percent in the month of sale

  60 percent in the following month after sale

  How much is the expected total cash collections from customers in June?

  Multiple Choice

• $260,000

• $300,000

• $610,000

• $590,000

• $560,000