Question
X Company's accountant has developed the following budgeted revenue and cost functions for 2020: R = $30.12X C = $20.37X + $325,000 where R is
X Company's accountant has developed the following budgeted revenue and cost functions for 2020:
- R = $30.12X
- C = $20.37X + $325,000
where R is revenue, C is total cost, and X is units sold.
Assuming a tax rate of 30%, how many units must X Company sell in 2020 in order to earn $276,000 after taxes?
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Forensic Accounting And Fraud Investigation For Non-Experts
Authors: Stephen Pedneault, Frank Rudewicz, Howard Silverstone, Michael Sheetz
3rd Edition
0470879599, 9780470879597
