Snower Corporation sells product G for $150 per unit,the variable cost per unit is $105,the fixed costs are $720,000,and Snower is in the 25% corporate tax bracket.What are the sales (in dollars) required to earn a net income (after tax) of $40,000?
A) $2,577,778
B) $2,533,350
C) $2,566,667
D) $2,400,000
Correct Answer:
Verified
Q85: If sales are $820,000,variable costs are 68%
Q89: In cost-volume-profit analysis, all costs are classified
Q90: If fixed costs are $810,000,the unit selling
Q91: If fixed costs are $450,000,the unit selling
Q93: Foggy Co.has the following operating data for
Q94: If fixed costs are $350,000,the unit selling
Q97: Wiles Inc.'s unit selling price is $40,the
Q98: If fixed costs are $850,000 and the
Q99: If fixed costs are $810,000,the unit selling
Q100: If fixed costs are $850,000 and variable
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents