Solved

If Targeted After- Tax Net Income Is $67,500 with a 40

Question 101

Multiple Choice

If targeted after- tax net income is $67,500 with a 40% tax rate, contribution margin per unit is $2.00, and total fixed costs are $370,000, then the number of units which must be sold is:


A) 241,250 units
B) 218,750 units
C) 167,250 units
D) 160,833 units

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q44: A fixed cost changes in direct proportion

Q76: Generally,companies that spend heavily for advertising are

Q96: Up In Smoke Company, a producer

Q97: As sales exceed the break- even point,

Q99: An increase in fixed costs usually indicates:<br>A)

Q100: Four Alarm Company, a producer of

Q103: Which of the following would be a

Q106: Squeeze Me Company produces Beanie Babies. Each

Q115: Net income / 1 - tax rate)

Q136: Cost of goods sold is the cost