Camia Co.'s contribution margin is $200, after-tax income is $96, and the tax rate is 40%. What are the fixed costs? a. $60 b. $50 C. $40 d. None of the above
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- Zachia Ltd provides the following data regarding its four product lines: Product Sales mix Weighted average contribution margin per unit (WACMU) Fixed costs Desired profit after tax w Y 60 20 15 $13.7 $71,000 $33,950 The corporate tax rate is 30% Required Calculate the number of units of Product X that must be sold in order to achieve the desired after-tax profit?The accountant at Paige Company has determined that income before income taxes amounted to $8,400 using the FIFO costing assumption. If the income tax rate is 20% and the amount of income taxes paid would be $380 greater if the LIFO assumption were used, what would be the amount of income before taxes under the LIFO assumption?Please help me figure a-e
- Raven Company has a target of $70,100 pre-tax income. The contribution margin ratio is 32%. What amount of dollar sales must be achieved to reach the goal if fixed costs are $36,200?Jack's Jax has total fixed costs of $25,000. If the company's contribution margin is 60%, the income tax rate is 25% and the selling price of a box of Jax is $20, how many boxes of Jax would the company need to sell to produce a net income of $15,000? OA. 5,625 B. 4,445 C. 3,750 D. 3,3332. A company had a loss of P3 per unit when sales were P40,000 units. When sales were P50,000 units, it had a loss of P1.60 per unit. Required: a. Determine the contribution margin per unit. b. Determine fixed costs. c. Determine the break even point in units and in pesos. d. What sales should it earn to make a before-tax profit of 20%?
- A firm sell a single product for $6. Its variable cost per unit is $4 and fixed costs are $50. Ignoring income taxes, the amount of sales revenue needed for $20 profit is Select one: a. $210. b. $150. c. $35. d. $25.Peak performance Inc. Has the following data for its product: please answer the accounting question1. Blake Company has a 25% margin of safety ratio. Its after-tax-return on sales is 6%, and its tax rate is 40%. Required: a. Determine the company's contribution margin percentage. b. Assuming the current sales are P120,000, determine the total fixed costs.
- The following annual information is for Bressler Corporation: Product X Revenue per unit: $10.00 Variable cost per unit: $5.00 Total fixed costs: $100,000 How many units the company has to sell to achieve an after tax income of $75,000 if the income tax rate is 25%?Monster Inc. sells 100,000 for $120 a unit. Fixed costs are $300,000, and net income is $200,000. What should be reported as variable expense in CVP income statement???
