Cost-volume-profit analysis.Patton Company produces one type of sunglasses with the following costs and revenues for the year:
Required:
a.What is the selling price per unit?
b.What is the variable cost per unit?
c.What is the contribution margin per unit?
d.What is the break-even point in units?
e.Assume an income-tax rate of 40 percent.Assuming a relevant range,what quantity of units is required for Patton Company to make an after-tax operating profit of $6,000,000 for the year?
(Patton Company;cost-volume-profit analysis. )
Correct Answer:
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100,000 Units = $60 per U...View Answer
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