Author Question: If selling price per unit is $55, variable costs per unit are $25, total fixed costs are $24,000, ... (Read 77 times)

melly21297 · **on:** Mar 6, 2021

Question 1

If Beta Corp's net income is $230,000 and the tax rate is 40%, then the company's planned operating income is ________.
◦ $322,000
◦ $383,333
◦ $193,200
◦ $552,000

Question 2

If selling price per unit is $55, variable costs per unit are $25, total fixed costs are $24,000, the tax rate is 35%, and the company sells 7,000 units, net income is ________.
◦ $186,000
◦ $75,250
◦ $136,500
◦ $120,900

tandmlomax84 · **Reply #1 on:** Mar 6, 2021

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