What is income taxes?

Check m 5 Exercise 18-13 Forecasted income statement LO C2 Blanchard Company manufectures a single product that sells for $120 per unit and whose total variable costs are $90 per unit. The comepany's annual fxed costs are $624,000. The sales manager predicts that annual sales of the company's product will soon reach 39.400 units and its price will increase to $194 per unit, According to the production manages, variable costs are expected to increase to $134 per unit but fixed costs will remain at $624,000. The income tax rate is 25% what amounts of pretax and after-tax income can the company expect to earn from these predicted changes? 2.5 points Prepare a forecasted contribution margin income stotement Forecasted Contribution Margin Income Statement s per unit Salos Foxed costs befone taxes 0624,000) Prey of 13 Next