Solution-Compute sales volume in dollars to produce an

Compute sales volume in dollars to produce an after-tax

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Reference no: EM132607491

James Corporation gathered the following information:

Variable costs $550,000

Income tax rate 40%

Contribution-margin ratio 30%

Required:

Question (a) Compute total fixed costs assuming a breakeven volume in dollars of $2,000,000.

Question (b) Compute sales volume in dollars to produce an after-tax net income of $150,000.

Reference no: EM132607491

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Compute sales volume in dollars to produce an after-tax

Reference no: EM132607491

Reference no: EM132607491

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