I need answer of last three question I need answer of last three question     please answer within the format by providing formula the detailed working Please provide answer in text (Without image) Please provide answer in text (Without image) Please provide answer in text (Without image)   Fancy Company reported a contribution margin of $10 per unit. The company’s fixed costs per period were $30,000. Sales were $48,000 for the 3,200 units sold during the period. The income tax rate is 25%. Required: a. What is current net income? b. What is the breakeven point (BEP) in units? c. If the income tax rate is increased to 30%, what is the BEP in dollars? d. If the number of units sold decreases to 3,100 units, what is the BEP in dollars? e. If the sales price is increased by $2, what is the BEP in units? Assume the variable costs, which consist of direct materials, direct labor, and variable overhead, are not changing as a result of increasing the sales price

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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I need answer of last three question

I need answer of last three question

 

 

please answer within the format by providing formula the detailed working
Please provide answer in text (Without image)
Please provide answer in text (Without image)
Please provide answer in text (Without image)

 

Fancy Company reported a contribution margin of $10 per unit. The company’s fixed costs per period were $30,000. Sales were $48,000 for the 3,200 units sold during the period. The income tax rate is 25%.

Required:
a. What is current net income?
b. What is the breakeven point (BEP) in units?
c. If the income tax rate is increased to 30%, what is the BEP in dollars?
d. If the number of units sold decreases to 3,100 units, what is the BEP in dollars?
e. If the sales price is increased by $2, what is the BEP in units? Assume the variable costs, which consist of direct materials, direct labor, and variable overhead, are not changing as a result of increasing the sales price.

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