If selling price per unit is $60, variable costs per unit are $35, total fixed costs are $30,000, the tax rate is 25%, and the company sells 4,000 units, what is the net income?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 7EB: Delta Co. sells a product for $150 per unit. The variable cost per unit is $90 and fixed costs are...
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If selling price per unit is $60, variable costs per unit are $35,
total fixed costs are $30,000, the tax rate is 25%, and the
company sells 4,000 units, what is the net income?
Transcribed Image Text:If selling price per unit is $60, variable costs per unit are $35, total fixed costs are $30,000, the tax rate is 25%, and the company sells 4,000 units, what is the net income?
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