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Cost Management 6th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
Edition 6ISBN: 978-0078025532Cost Management 6th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
Edition 6ISBN: 978-0078025532 Exercise 24
The Role of Income Taxes In 2013, Triad Company had fixed costs of $240,000 and variable costs of 75% of total sales revenue, earned $70,000 of net income after taxes, and had an income tax rate of 35%.
Required Determine:
1. Before-tax income.
2. Total contribution margin.
3. Total sales.
4. Breakeven point in dollar sales.
Required Determine:
1. Before-tax income.
2. Total contribution margin.
3. Total sales.
4. Breakeven point in dollar sales.
Explanation
Verified
Verified
1.
Calculate the net income before tax.
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Cost Management 6th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
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