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Author Question: If selling price per unit is $55, variable costs per unit are $25, total fixed costs are $24,000, ... (Read 162 times)

melly21297

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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


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Marked as best answer by melly21297 on Mar 6, 2021

tandmlomax84

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melly21297

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review


Dominic

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Reply 3 on: Yesterday
:D TYSM

 

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