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For the most recent year, Triad Company had fixed costs of $170,000 and variable costs of 60% of total sales revenue, earned $52,000 of net income after taxes, and an income tax rate of 35%.
Required:
Problem 1: Determine the before-tax income
Problem 2: determine the total contribution margin
Problem 3: determine the total sales
Problem 4: determine the breakeven point in dollar sales. (do not round intermediate calculations).
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Each unit requires 0.10 direct labor-hours at a cost of $8.50 per direct labor-hour. How much will White Corporation budget for labor in July?
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preparation of balance sheet and computation of retained earnings.from the following accounts and amounts prepare a
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Postdated cheques received from customers 1,100. What amount should be reported as cash and cash equivalents in the statement of financial position?
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