The Love Company has provided the following information: Income tax rate 30% Selling price per unit $6.60

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Question:

The Love Company has provided the following information:

Income tax rate 30%

Selling price per unit $6.60

Variable cost per unit $5.28

Total fixed costs $46,200.00

Required:

A) Compute the break-even point in units

B) Compute the sales volume in units necessary to generate an efter-tax net income of $10,000

C) Compute the sales volume in units necessary to generate an efter-tax net income of $20,000

Related Book For answer-question

Managerial Accounting

ISBN: 978-0078025518

2nd edition

Authors: Stacey Whitecotton, Robert Libby, Fred Phillips

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Posted Date: Jan 07, 2021 07:46 PM

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The Love Company has provided the following information: Income tax rate 30% Selling price per unit $6.60

Question:

Expert Answer:

1 Break Even Point in units 46200 660528 46200132 35000 units 2 After Tax Inc... View the full answer

Managerial Accounting

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