Question: Homework (Chapter 3) ( Saved Sell Block prepares three types of simple tax returns: individual, partnerships, and (small) corporations. The tax returns ha- following characteristics.
Homework (Chapter 3) ( Saved Sell Block prepares three types of simple tax returns: individual, partnerships, and (small) corporations. The tax returns ha- following characteristics. Individuals $ 250 Partnerships $ 1,000 Corporations $ 2,200 Price charged per tax return Variable cost per tax return (including wage paid to tax preparer) Expected tax returns prepared per year $ $ 24:37 200 51,000 900 17,000 $ 2,010 17,000 ed The total fixed costs per year for the company are $853,600. 1 Required: a. What is the anticipated level of profits for the expected sales volumes? b. Assuming that the product mix is the same at the break-even point, compute the break-even point. c. Suppose the product sales mix changes so that for every ten tax returns prepared, six are for individuals, one is for a par and three are for corporations. Now what is the break-even volume for Sell Block? ces Complete this question by entering your answers in the tabs below
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