Solved

If Selling Price Per Unit Is $40,variable Costs Per Unit

Question 97

Multiple Choice

If selling price per unit is $40,variable costs per unit are $25,total fixed costs are $20,000,the tax rate is 30%,and the company sells 5,000 units,net income is ________.


A) $32,158
B) $26,548
C) $28,500
D) $38,500

Correct Answer:

verifed

Verified

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

Related Questions

Q4: The breakeven point revenues is calculated by

Q12: If a company?'s breakeven revenue is $1,000

Q16: If a company's sales mix is 2

Q52: Ballpark Concessions currently sells hot dogs. During

Q92: Frazer Corp sells several products.Information of

Q93: The breakeven point is the quantity of

Q96: Dr.Charles Hunter,MD,performs a certain outpatient procedure for

Q100: If the breakeven point is 1,000 units

Q101: When fixed costs are $50,000 and variable

Q154: Which of the following is the mathematical