Question: 5 Exercise 18-13 Forecasted income statement LO C2 1 point Blanchard Company manufactures a single product that sells for $200 per unit and whose total
5 Exercise 18-13 Forecasted income statement LO C2 1 point Blanchard Company manufactures a single product that sells for $200 per unit and whose total variable costs are S148 per unit. The company's annual fixed costs are $640,000 The sales manager predicts that annual sales of the company's product will soon reach 41000 units and its price will increase to $210 per unit. According to the production manager, variable costs are expected to increase to $150 per unit, but fixed costs will remain at $640.000 The income tax rate is 20% What amounts of pretax and after-tax income can the company expect to earn from these predicted changes? Prepare a forecasted contribution margin income statement eBook BLANCHARD COMPANY Forecasted Contribution Margin Income Statement Units Sper unit Contribution margin
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