Question: 1 ) 1 8 - % Cost Volume Profit - Show your calculations, how you arrived at your answer. A company has a selling price

1)18-% Cost Volume Profit-Show your calculations, how you arrived at your answer.
A company has a selling price of $30 per unit, variable costs of $10 per unit and fixed costs of $50,000.
a.4%- What quantity must be sold to earn a profit of $80,000?
b.2%- What is the firm's total contribution margin at breakeven?
c.4%- How much revenue is needed to make an after-tax profit of $140,000? Assume a tax rate of 10%.
d.4%-Assume we have been selling 14,000 units. What is the net income if there is a 10% increase in units sold?
e.4%- By how much can fixed cost increase, if the firm increases its sales price by $5 and wants to make a profit of $50,000 by selling 10,000units?

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