General Accounting Question Howe Hinges Co. manufactures and sells a singleproduct. This product has the following operationaldata:Unit sales price$30Variable manufacturing cost per unit $17Fixed manufacturing cost$72,000Variable selling cost per unit$1Fixed selling cost$27,00040%Tax rateWhat amount of total revenue would be needed to meetan after-tax target profit of $48,000?

Step 1: Calculate the pre-tax profit requiredStep 2: Calculate the contribution margin per unitStep…

Answered: Howe Hinges Co. manufactures and sells…

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter10: Cost Analysis For Management Decision Making

Section: Chapter Questions

Problem 13E

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