Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a company produces a product that it sells at a pr

A company produces a product that it sells at a price of $ 30, and...

70.2K

Verified Solution

Question

Accounting

image

A company produces a product that it sells at a price of $ 30, and that the unit's variable cost is $20, and the fixed costs are $ 60,000. The company wants to achieve a targeted net profit after tax of $ 40,000, if it knows that the tax rate is 20%. Check profit target. * 11000 Unit 10000 Unit 6000 Unit 2000 Unit One company sells a product at $ 40 and its variable costs are $ 30 per unit, while the company's fixed costs are $ 8,000, and the sales volume is 24,000 units. The margin of safety in the amounts is: - * $ 640000 $ 952000 $ 19000 $ 460000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students