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3 years ago

EB7.

Business

1 answer:

LenaWriter [7]3 years ago

4 0

Answer:

What would be Deltaâ€™s desired pre-tax income?

It can be calculated as follow.

As after tax earning is 64% (100-36(tax rate))of of pretax earning, so

Post tax earning = 44,000/64% = $ 68,750

What would be break-even point in units to reach the income goal of $44,000 after taxes?

This can be calculated by dividing the sum of post tax earning and fixed cost with contribution per unit,

Break even = (68,750 + 15,250)/ (150-90) = 1400 units

What would be break-even point in sales dollars to reach the income goal of $44,000 after taxes?

Break even (in dollars) = sale price * Break even units

= 210,000 dollars

Create a contribution margin income statement to show that the break-even point calculated in B, generates the desired after-tax income.

Sales $ 210,000

Variable cost ($ 126,000)

Gross profit $ 84,000

Fixed Cost ($ 15,250)

Profit before Tax $ 68,750

Tax expense ($ 24,750)

Profit After Tax $ 44,000

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Eva8 [605]

Answer:

Extinction.

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3 years ago

Exercise 9-1 Classifying liabilities LO C1 The following items appear on the balance sheet of a company with a one year operatin

nignag [31]

Answer:

1. Notes payable (due in 13 to 24 months) - L

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4. Current portion of long-term debt. - C

Current because it deals with payment for the year.

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Current as it matures in less than a year.

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3 years ago

Which of the following is an example of a non-profit organization?

Anna007 [38]

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Salvation army is a charitable organisation having more than 1.7 million members all over the world, whom they refer to as soldiers. This organisation mainly serves to the poor and hungry.

Thus, we can conclude that the right option is D.

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3 years ago

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Galina-37 [17]

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3 years ago

Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Margarita [4]

Answer:

Total period cost under variable costing $60,000

Explanation:

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3 years ago