Answer in step by step with explanation.Don't use Ai. TB MC Qu. 9-54 (Algo) The sales in units required to make an after-tax profit, given an income tax rate, t, of 20%:Photo FinishPhoto Finish, Incorporated produces and sells picture frames. Variable costs are expected to be $17 per frame; fixedcosts for the year are expected to total $200,000. The budgeted selling price is $25 per frame.The sales in units required by Photo Finish to make an after-tax profit (TA) of $15,000, given an income tax rate, t, of20%, would be (rounded up to nearest whole unit):Multiple Choice• 27,265 units.•26,114 units.• 27,344 units.•26,580 units.•25,897 units.

We can calculate the number of units, given fixed costs, variable costs, selling price, and tax…

Answered: TB MC Qu. 9-54 (Algo) The sales in…

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter16: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 16E

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Acme Inc. sells Product Yellow for $23/unit. Variable costs for Product Yellow are $13/unit; fixed costs are $26,000. Acme Inc. desires an income of $10,000 (after taxes) from sales of this product. Its income tax rate is 20%. How many units of Product Yellow must it sell to achieve its target income? Question 9Answer a. 12,500 units b. 2,600 units c. 3,850 units d. 3,600 units
Cruse Cleaning offers residential and small office cleaning services. An average cleaning service has the following price and costs. Sales price $ 128.00 per service Variable costs 90.00 per service Fixed costs 124,982 per year Cruse Cleaning is subject to an income tax rate of 22 percent. Required: How many cleaning services must Cruse Cleaning sell in a year to break even? How many cleaning services must Cruse Cleaning sell in a year to earn an annual operating profit of $34,086 after taxes?
Fronteeth Corp. plans to sell 500,000 units of a product at a price of P19.50 per Fixed costs for the period have been budgeted at P750,000. The profit after tax has been budgeted at P480,000 with an income tax rate of 40%, In order to meet the above requirements, how much should be the variable cost per unit?
Kelvin Co. produces and sells socks. Variable costs are budgeted at $2 per pair, and fixed costs for the year are expected to total $90,000. The selling price is expected to be $4 per pair. The sales units required for Kelvin Co. to make an after-tax profit (πA) of $20,000, given an income tax rate of 50%, are: Multiple Choice 55,000 units. 64,000 units. 73,161 units. 67,500 units. 65,000 units.
UrTurn sells its products at P80 per unit with the unit variable cost of P55. Its fixed cost is P81,000. How many units must be sold to achieve the following (tax rate is at 40%) Suppose that its target pre-tax income is P50,000. The company is presently selling 5,000 units. To increase sales, the management is considering an advertising program that will cost P13,000. The management estimates that this will increase sales 500 units. What should be the minimum increase in sales (in units) so that the company could really consider advertising the product.
CVP; taxes Hamlet House makes portable garden sheds that sell for $1,800 each. The tax rate for the company is 35 percent. Costs are as follows: Per Unit Total $800 Direct material Direct labor Variable production overhead 90 60 Variable selling and administrative cost 50 Fixed production overhead Fixed selling and administrative $200,000 60,000 a. If Hamlet House wants to earn an after-tax profit of $182,000, how many garden sheds must be sold? 675 b. How many garden sheds must be sold to yield an after-tax profit of 8 percent of revenue? Note: Do not round until your final answer. Note: Round your final answer up to the nearest whole unit (for example, round 5.1 to 6 units). 0 * garden sheds c. How much revenue is generated from selling units calculated in part (b)? $ 0 garden sheds
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