*The units of production and sold are 25,000 units.Question: If Pacific Ocean Sdn. Bhd. wishes to earn a profit after tax of RM45,000 at 24% tax rate, how many units of products should be produced and sold in value? (Round up to nearest whole number) Question 4Pacific Ocean Sdn. Bhd.Statement of Comprehensive Income for the Year Ended 31 December 2021RMSalesLess: Cost of Goods SoldDirect materialsDirect labourManufacturing overheadsGross profitLess: Fixed costsSelling and distribution costsAdministrative costsNet Profit100,00075,00025,00025,00020,000RM300,000(200,000)100,000(45,000)55,000

Contribution margin :— It is the difference between sales revenue and variable cost. Target sales…

The units of production and sold are 25,000 units. Question: If Pacific Ocean Sdn. Bhd. wishes to earn a profit after tax of RM45,000 at 24% tax rate, how many units of products should be produced and sold in value? (Round up to nearest whole number)

The units of production and sold are 25,000 units. Question: If Pacific Ocean Sdn. Bhd. wishes to earn a profit after tax of RM45,000 at 24% tax rate, how many units of products should be produced and sold in value? (Round up to nearest whole number)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

*The units of production and sold are 25,000 units.

Question: If Pacific Ocean Sdn. Bhd. wishes to earn a profit after tax of RM45,000 at 24% tax rate, how many units of products should be produced and sold in value? (Round up to nearest whole number)

Question 4
Pacific Ocean Sdn. Bhd.
Statement of Comprehensive Income for the Year Ended 31 December 2021
RM
Sales
Less: Cost of Goods Sold
Direct materials
Direct labour
Manufacturing overheads
Gross profit
Less: Fixed costs
Selling and distribution costs
Administrative costs
Net Profit
100,000
75,000
25,000
25,000
20,000
RM
300,000
(200,000)
100,000
(45,000)
55,000

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