1 14.Kara's Mop Shop had variable costs of $26,780, fixed costs of $16,920, and anoperating loss of $2,500. If Kara's tax rate is 30%, what annual sales volume (in dollars)would be required for Kara to have an after-tax income of $2,170?a. $47,627b. $57,200c. $41,200d. $54,543e. $44,300f. $43,370g. $43,700h. None of the above

Cost volume profit analysis is the technique used by management for decision-making. The methods…

Answered: Kara's Mop Shop had variable costs of…

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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2. A company had a loss of P3 per unit when sales were P40,000 units. When sales were P50,000 units, it had a loss of P1.60 per unit. Required: a. Determine the contribution margin per unit. b. Determine fixed costs. c. Determine the break even point in units and in pesos. d. What sales should it earn to make a before-tax profit of 20%?
For the most recent quarter, Baffle company had an after-tax profit of $62,720 from sales of 225,000 units. The company's variable costs are 60% of the selling price and fixed costs are $121,900. If the company's tax rate is 30%, what was the selling price per unit? (Round your answer to the nearest penny): a. $0.82 b. $1.57 c. $2.35 d. $2.05 e. $1.17 f. $1.37 g. $1.77 h. None of the above.
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For the most recent quarter, Baffle company had an after-tax profit of $62,720 from sales of 225,000 units. The company’s variable costs are 60% of the selling price and fixed costs are $121,900. If the company’s tax rate is 30%, what was the selling price per unit? (Round your answer to the nearest penny): a. $0.82b. $1.57c. $2.35d. $2.05e. $1.17f. $1.37g. $1.77h. None of the above.
Answer with explanation
Newell company wishes to earn a pre tax income please solve this question
A company has wants to earn an income of $60,000 after-taxes. If the tax rate is 32%, what must be the companys pre-tax income in order to have $60,000 after-taxes? A. $88,235 B. $19,200 C. $79,200 D. $143,000
Delta Co. sells a product for $150 per unit. The variable cost per unit is $90 and fixed costs are $15,250. Delta Co.s tax rate is 36% and the company wants to earn $44,000 after taxes. What would be Deltas desired pre-tax income? What would be break-even point in units to reach the income goal of $44,000 after taxes? What would be break-even point in sales dollars to reach the income goal of $44000 after taxes? Create a contribution margin income statement to show that the break-even point calculated in B, generates the desired after-tax income.
The accountant at Paige Company has determined that income before income taxes amounted to $8,400 using the FIFO costing assumption. If the income tax rate is 20% and the amount of income taxes paid would be $380 greater if the LIFO assumption were used, what would be the amount of income before taxes under the LIFO assumption?
Please help me figure a-e
2.

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