If selling price per unit is $47, variable costs per unit are $26, total fixed costs are $24,000, the tax rate is 32%, and the company sells 6,500 units, net income is __.
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If selling price per unit is $47, variable costs per unit are $26, total fixed costs are $24,000, the tax rate is 32%, and the company sells 6,500 units, net income is __.
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- A company has return on sales of 15% at sales of $400,000. Its fixed cost are $90,000; variable costs are $25 per unit. A. What are sales in units? Why? How? B. What is contribution margin per unit? Why? How? C. What is income? Why? How?Assuming that the company has a current sales of $120,000 with a 25% margin of safety. Its before-tax return on sales is 6%, and its tax rate is 40%. What is the company's total fixed costs?For a certain company, the cost function for producing x items is C(x)=40x+200, and the revenue function for selling x items in R(x)=−0.5(x−80)2+3,200. The maximum capacity of the company is 110 items. The profit function P(x) is the revenue function R(x) (how much it takes in) minus the cost function C(x) (how much it spends). In economic models, one typically assumes that a company wants to maximize its profit, or at least make a profit!Assuming that the company sells all that it produces, what is the profit function?P(x)= Preview Change entry mode . Hint: Profit = Revenue - Cost as we examined in Discussion 3. What is the domain of P(x)?Hint: Does calculating P(x) make sense when x=−10 or x=1,000? The company can choose to produce either 40 or 50 items. What is their profit for each case, and which level of production should they choose?Profit when producing 40 items = Number Profit when producing 50 items = Number Can you explain, from our model, why the company makes less profit…
- If selling price per unit is $40, variable costs per unit are $25, total fixed costs are $20,000, the tax rate is 30%, and the company sells 5,000 units, net income is? Consider the information given below. If the owner contributes $44,800 and the owner withdraws $4,300, how much is the net income (loss)? Assets Liabilities Beginning of Year End of Year $27,000 $18,000 $60,000 $26,000 Billy's Exterminators, Inc. has sales revenue of $743,000, fixed and variable costs of $294,000, depreciation expense of $46,000, interest expense of $33,000, and an (effective) tax rate of 35 percent. What is the net income for this firm?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%?A firm sells a single product for $10. Its variable cost per unit is $6 and fixed costs are $80. If the firm has a 25% income tax rate, the sales revenue for a 15% net profit margin is Select one: a. $40. b. $32. c. $400. d. $320.