Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. answer the following questions using the informati

Answer the following questions using the information below: iPhone Manufacturing presents the following information: ...

90.2K

Verified Solution

Question

Accounting

  1. Answer the following questions using the information below: iPhone Manufacturing presents the following information:
    Tax rate 40%
    Total fixed costs $80,000
    Selling price $120 per unit
    Variable costs $80 per unit
    What is the number of units that must be sold to earn an after-tax net income of $42,000?

    1,875 units

    3,750 units

    4,625 units

    3,050 units

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

A survey of 25 randomly selected psychiatrists found an average hourly wage (including benefits) of $65.00...

Statistics
Q

Find a stereotype and give a true example of what adolescents would see in media of...

Psychology
Q

Explain individualistic culture, collectivist culture, and “tight or loose” culture, providing the main characteristics for each culture...

Operations Management
Q

Figure shows a conducting rod of negligible resistance that can side on smooth U shaped...

Physics
Q

Capacitance of a sphere A is 4 F while for another sphere B it is...

Physics
Q

4 55 A metre stick of length and mass M is placed on a frictionless...

Physics
Q

Which of the two functions below has the smallest minimum y-value?f(x) = x^5 - 2g(x)...

Basic Math
Q

Compute the gradient of the following function and evaluate it at the given point P...

Calculus
Q

Which sentencecontainstransitionalwords orphrases?A. Read a non-fictionbook; you should learnsomething from it.B. If you read a...

Calculus
Q

Maren received 10 NQOs (each option gives her the right to purchase 11 shares of...

Accounting
Q

Need Help in Part 5 ...

Accounting
Q

21) In activity-based costing, nonmanufacturing costs as well as manufacturing costs may be assigned to...

Accounting