Question: Exercise 21-13 Computing sales to achieve target income LO C2 Blanchard Company manufactures a single product that sells for $190 per unit and whose total

 Exercise 21-13 Computing sales to achieve target income LO C2 Blanchard

Exercise 21-13 Computing sales to achieve target income LO C2 Blanchard Company manufactures a single product that sells for $190 per unit and whose total variable costs are $152 per unit The company targets an annual after-tax income of $665,000. The company is subject to a 30% income tax rate. Assume that fixed costs remain at $562,400. (1) compute the unit sales to earn the target after-tax net income.(2) Compute the dollar sales to earn the target after-tax net income

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!