Given: Selling Price per Pair is $50 Variable Cost per Pair is $35 Fixed Cost is $125,000 4. Using equation method analyze Revenues, Variable Cost, Contribution Margin, Fixed Cost, and Operating Income when 4,000, 6,000, 10,000, and 11,000 pairs of jeans are sold. 5. How many pairs of jeans must be sold to receive $250,000 Pre Tax? 6. How many pairs of jeans mus be sold to receive $250,000 after tax assuming a tax rate of 30%?

Given: Selling Price per Pair is $50 Variable Cost per Pair is $35 Fixed Cost is $125,000 4. Using equation method analyze Revenues, Variable Cost, Contribution Margin, Fixed Cost, and Operating Income when 4,000, 6,000, 10,000, and 11,000 pairs of jeans are sold. 5. How many pairs of jeans must be sold to receive $250,000 Pre Tax? 6. How many pairs of jeans mus be sold to receive $250,000 after tax assuming a tax rate of 30%?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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