Assume the following cost information for Marie Company: Selling price per unit $144 Variable costs per unit $80 Total fixed costs Tax rate $80,000 40% of sales dollars is required to earn an after-tax net income of $24,000. A. $216,000. B. $252,000. C. $270,000. D. $315,000.
Assume the following cost information for Marie Company: Selling price per unit $144 Variable costs per unit $80 Total fixed costs Tax rate $80,000 40% of sales dollars is required to earn an after-tax net income of $24,000. A. $216,000. B. $252,000. C. $270,000. D. $315,000.
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter16: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 4CE: Olivian Company wants to earn 420,000 in net (after-tax) income next year. Its product is priced at...
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![Assume the following cost information for Marie Company:
Selling price per unit $144
Variable costs per unit $80
Total fixed costs
Tax rate
$80,000
40%
of sales dollars is required to earn an after-tax net income
of $24,000.
A. $216,000.
B. $252,000.
C. $270,000.
D. $315,000.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F764f8ce2-1625-4ccb-ab01-f6405c94f58c%2Fbda868d9-e7b5-42ce-b329-4f881793a8f7%2F7lmn95a_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Assume the following cost information for Marie Company:
Selling price per unit $144
Variable costs per unit $80
Total fixed costs
Tax rate
$80,000
40%
of sales dollars is required to earn an after-tax net income
of $24,000.
A. $216,000.
B. $252,000.
C. $270,000.
D. $315,000.
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