Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. aaa company produced a product which had a selling

AAA Company produced a product which had a selling price of $20 and a variable...

80.2K

Verified Solution

Question

Accounting

AAA Company produced a product which had a selling price of $20 and a variable cost which amounted to 60% of sales. The company wants a profit after tax of $15,000. The tax rate is 20% and fixed costs amount to $60,000. AAA must sell.
A. 6,250
B. 7,396
C. 9,375
D. 9,844

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Find the degree of the given polynomial and determine whether the polynomial is a monomial,...

Algebra
Q

PLEASE READ VERY CAREFULLY write a client.py and server.py file for tic-tac-toe IN PYTHON with the following...

Programming
Q

16 a True b False The occurrence of recombination events between non sister chromatids is...

Biology
Q

Suzanne is designing a garden for the Gateway Botanical Center She used a scale of...

Geometry
Q

Rewrite the expression as an equivalent ratio of logs using the indicated base.log13 (57.25) to...

Basic Math
Q

A solid is formed between f x and the x axis so each slice perpendicular...

Calculus
Q

300

Calculus
Q

EXTRA CREDIT for SUM 3 Q1 Determine the slope of the line represented by the...

Algebra
Q

as trading securities. The company's fiscal year ends on December 31. Listed below are transactions...

Accounting
Q

On January 1, 2019, X-it Company bought a new delivery truck for $30,000. X-it plans...

Accounting
Q

WHAT ARE RESOURCES? FACTORS OF PRODUCTION? INPUTS? DEMONSTRATE THE SCARCITY, CHOICE AND OPPORTUNITY COST IS...

Accounting
Q

Earnings per Share Parent Sub Internally generated income $800,000 $480,000 Weighted...

Accounting