MGMTS123201-1910-1077( e PLEASE SHOW WORK. 1 × (15 pts, 3 attempts) - Microsoft

Question

MGMTS123201-1910-1077( e PLEASE SHOW WORK. 1 × (15 pts, 3 attempts) - Microsoft Edge pvamu.edu/mod/quiz/attempt.php?attempt-845989 rses You are logged in as Jillian 18 MGMT5123Z01-1910-10776 A store buys a product from a supplier for $756 per unit and sells it for $909 per unt. The store has a yearly fixed cost of $101877 How many units must be sold the store would like to have a yearly after-tax income of S709347 The store has anncome tax rate of 34% !Note Use 4 deamal places! [Do NOT put any dollar sign or units as part of your answer Next page

Explanation / Answer

Cost price of per unit = $756

Selling price of per unit = $909

Yearly total fixed cost = $101877

Profit after tax = $70934

Tax rate = 34%

Break-even point in units = {Total fixed costs + [Target income / (1-Tax rate)]} / CM per unit

= { 101877 + (70934 / (1- 0.34)} / ( 909 – 756 )

= 1368.3187 units

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