Central Company manufactures a sensor used in various electronic devices. The products price and cost characteristics are
Question:
Central Company manufactures a sensor used in various electronic devices.
The product’s price and cost characteristics are as follows.
Selling price per unit ..................$ 13
Variable cost per unit .....................4
Fixed cost per year ..............540,000
Required
The company must sell 100,000 units annually in order to earn $187,200 in profits after taxes. What is Central Company’s tax rate?
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After tax profits P VX F1 ...View the full answer
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Related Book For 
Fundamentals of Cost Accounting
ISBN: 978-1259969478
6th edition
Authors: William N. Lanen, Shannon Anderson, Michael W Maher
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