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Cost Management: A Strategic Emphasis 7th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
Edition 7ISBN: 978-0077733773Cost Management: A Strategic Emphasis 7th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
Edition 7ISBN: 978-0077733773 Exercise 31
The Role of Income Taxes For the most recent year, 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
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Verified
Cost volume profit analysis:
The cost v...
Cost Management: A Strategic Emphasis 7th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
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