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The Love Company a producer of specialty cards has asked you to complete several calculations based upon the following information Income tax rate 30 Selling price per unit 660 Variable cost

The Love Company, a producer of specialty cards, has asked you to complete several calculations based upon 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 necessary to produce an after-tax net income of $13,028.40.
c. Compute the total units sold to earn an after-tax net income of $18,480.
 

Jun 10 2021 View more View Less

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