Tina Industries manufactures a product whose variable costs are 62.5% of sales.Tina's tax rate is 35% and net income for the year was $33,696.If Tina sold 23,040

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Explanation:Sales = Net income / (1 - Variable cost % - Tax rate)= 33,696 / (1 - 0.625 - 0.35)= 33,696 / 0.025= $134,784Contribution Margin = Sales - Variable costs= 134,784 - (0.625 * 134,784)= $51,840Fixed costs = Contribution Margin - Net income= 51,840 - 33,696= $18,144Break-even sales = Fixed costs / Contribution Margin %= 18,144 / 0.375= $48,384

Tina Industries Manufactures a Product Whose Variable Costs Are 62