Assume the following cost behaviour data for Portrait Company: $\begin{array}{lll}
\text { Sales price } & \$ 18.00 & \text { per unit } \
\text { Variable costs } & \$ 13.50 & \text { per unit } \
\text { Fixed costs } & \$ 22,500 & \
\text { Tax rate } & 40 \% &
\end{array}$
-What volume of sales dollars is required to earn an after-tax income of $40,500?

Question

Assume the following cost behaviour data for Portrait Company: $\begin{array}{lll}
\text { Sales price } & \$ 18.00 & \text { per unit } \
\text { Variable costs } & \$ 13.50 & \text { per unit } \
\text { Fixed costs } & \$ 22,500 & \
\text { Tax rate } & 40 \% &
\end{array}$ 
-What volume of sales dollars is required to earn an after-tax income of $40,500?

Quizplus · Accepted Answer

The Answer of Assume the following cost behaviour data for Portrait Company: $\begin{array}{lll}
\text { Sales price } & \$ 18.00 & \text { per unit } \
\text { Variable costs } & \$ 13.50 & \text { per unit } \
\text { Fixed costs } & \$ 22,500 & \
\text { Tax rate } & 40 \% &
\end{array}$ 
-What volume of sales dollars is required to earn an after-tax income of $40,500?

Assume the Following Cost Behaviour Data for Portrait Company -What Volume of Sales Dollars Is Required to Earn an