The following information pertains to Korning Corp.: Selling price per unit $ Variable cost per unit...
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The following information pertains to Korning Corp.: Selling price per unit $ Variable cost per unit $ Total fixed costs Income tax rate 750 330 $327,700 30% How many total units must be sold to obtain an after-tax profit (₂) of $47,875? Multiple Choice O O O O 768 units. 943 units. 882 units. 1,009 units. The following information pertains to Korning Corp.: Selling price per unit $ Variable cost per unit $ Total fixed costs Income tax rate 750 330 $327,700 30% How many total units must be sold to obtain an after-tax profit (₂) of $47,875? Multiple Choice O O O O 768 units. 943 units. 882 units. 1,009 units.
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ANSWER C 882 units Profit aftertax is the earnings of a business after all income taxes have been de... View the full answer
Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0176530884
2nd Canadian edition
Authors: Maryanne M. Mowen, Don Hanson, Dan L. Heitger, David McConomy, Jeffrey Pittman
Posted Date:
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