The budgeted income statement presented below is for Maxi Company for the coming fiscal year....
80.2K
Verified Solution
Link Copied!
Question
Accounting
The budgeted income statement presented below is for Maxi Company for the coming fiscal year. If Maxi Companys income tax rate is 30%, compute the number of units that must be sold in order to achieve a target pretax income of $250,000. (Round the answer to three decimal places)
Sales (50,000 units)
Costs: Direct materials $350,000 $1,400,000
Direct labor 300,000
Fixed factory overhead 110,000
Variable factory overhead 240,000
Fixed marketing costs 150,000
Variable marketing costs 90,000 1,240,000
Pretax income $ 160,000
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.