Question: can you please explain in detail how required is derived from given? PROBLEM 8B GIVEN: PRODUCT A PRODUCT B PRODUCT C 14 45.00% 30.00% CM/UNIT

can you please explain in detail how required is derived from given?

PROBLEM 8B GIVEN: PRODUCT A PRODUCT B PRODUCT C 14 45.00% 30.00% CM/UNIT MIX % FC TAX RATE AFTER-TAX NI 25.00% 171,000 40% 45,600 REQUIRED PREPARE A COMPLETE INCOME STATEMENT REFLECTING THE ABOVE DATA PRODUCT A PRODUCT B PRODUCT C TOTAL CM/UNIT MIX % WIA CM/UNIT 25.00% 2.00 30.00% 1.20 14 45.00% 6.30 9.50 PRE-TAX NI 76,000 PRODUCT A PRODUCT B PRODUCT C TOTAL 6,500 7,800 11,700 26,000 UNITS CM/UNIT 14 TOTAL CM 52,000 31,200 163,800 FC PT TAX 247,000 171,000 76,000 30,400 45,600 AT

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