In 2018, X Company's profits after taxes were $162,000. In 2019, the selling price is expected to
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In 2018, X Company's profits after taxes were $162,000. In 2019, the selling price is expected to be $42.50, the variable cost per unit is expected to be $24.40, and total fixed costs are expected to be $170,000. Assuming a tax rate of 40%, how many units must X Company sell in 2019 in order to earn profit of $175,000?
Related Book For
Horngrens Accounting
ISBN: 978-0134674681
12th edition
Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura
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