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  3. kelvin co. produces and sells socks. variable cost

Kelvin Co. produces and sells socks. Variable costs are budgeted at $3 per pair, and...

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Accounting

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Kelvin Co. produces and sells socks. Variable costs are budgeted at $3 per pair, and fixed costs for the year are expected to total $70,000. The selling price is expected to be $5 per pair. The sales units required for Kelvin Co. to make an after-tax profit (MA) of $21,000, given an income tax rate of 50%, are: Multiple Choice 56,000 units. 58,500 units. 55,000 units. 46,000 units. 64,161 units

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