E6-12A. Net Income Planning Nolden Company has charged a selling price of $24 per unit, incurred variable costs of $15 per unit, and total fixed costs of $108,000. What unit sales volume is necessary to earn the following related amounts of net income before income tax? a. $18,000; b. $27,000; or c. Equal to 20% of sales revenue.
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- Net Income Planning Nolden Company has charged a selling price of $24 per unit, incurred variable costs of $15 per unit, and total fixed costs of $108,000. What unit sales volume is necessary to earn the following related amounts of net income before income tax? a. $18,000; b. $27,000; or c. equal to 20% of sales revenue. Round UP answers to the nearest unit, when applicable. (a) 0 (b) (C) 0 0 units units unitsPlease help me figure a-eProvide correct option general accounting
- 18. Assume the company's monthly target profit is $17,000. The dollar sales to attain that target profit is closest to:A. $387,392B. $635,069C. $671,925D. $993,313(R) Please answer asap...Assume the following (1) selling price per unit = $25, (2) variable expense per unit = $13, (3) unit sales = 2,520, and (4) total fixed expenses = $25,000. Given these four assumptions, net operating income must be: rev: 07_17_2020_QC_CS-208650 Multiple Choice о о O $7,760. $5,240. $38,000. $27,520.
- AM.201.PR 3-8 (Algo) (LO 3.5) Pawxie Vibe company has sales unit data and the following... Pawxie Vibe company has sales of 21,400 units and the following per-unit financial information: Revenue Variable Costs Contribution Margin Fixed Costs Operating Income $ 6.20 $ 1.55 $ 4.65 $ 3.10 $ 1.55 Question a. Assuming a tax rate of 30%, what is current net income? Note: Round your answer to 2 decimals. b. Pawxie Vibe has a target operating income of $44,795. How many units must it sell to reach that target? Note: Round your answer to the nearest whole unit number. c. Pawxie Vibe predicts that it can cut fixed advertising expenses by $10,700, resulting in a reduction in unit sales of 10%. What will operating income be if Pawxie Vibe cuts $10,700 of advertising expenses? Note: Round your answer to 2 decimals. AnswerRequired: . Using the FIFO cost flow assumption, the gross profit for the year ended December 31, 2021 is: