Use the information for Hamlet House in Exercise 15 and assume a tax rate for the company
Question:
In Exercise 15, Hamlet House makes portable garden sheds that sell for $ 1,800 each. Costs are as follows:
a. If Hamlet House wants to earn an after-tax profit of $ 182,000, how many garden sheds must be sold?
b. How much revenue is needed to yield an after-tax profit of 8 percent of revenue? How many garden sheds does this revenue amountrepresent?
Transcribed Image Text:
Per Unit Total Direct material Direct labor Variable production ovehead Variable selling and administrative cost Fixed production overhead Fixed selling and administrative $800 90 60 50 $200,000 60,000
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a Convert aftertax to pretax profit 182000 1 035 280000 The number of gard...View the full answer
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Related Book For
Cost Accounting Foundations and Evolutions
ISBN: 978-1111971724
9th edition
Authors: Michael R. Kinney, Cecily A. Raiborn
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