Solved

Assume the Following Cost Information for Melissa Company Of Sales Dollars Is Required to Earn an After- Tax

Question 72

Multiple Choice

Assume the following cost information for Melissa Company:  Selling price per unit $144 Variable cost p per unit $80 Total fixed costs $80,000 Tax rate 40%\begin{array}{ll}\text { Selling price per unit } & \$ 144 \\\text { Variable cost p per unit } & \$ 80 \\\text { Total fixed costs } & \$ 80,000 \\\text { Tax rate } & 40 \%\end{array} of sales dollars is required to earn an after- tax net income of $24,000.


A) $252,000
B) $216,000
C) $270,000
D) $315,000

Correct Answer:

verifed

Verified

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

Related Questions