c) Based on your analysis, Sh 4.(16 marks) Rudolph Company sells an ornamental reindeer for...
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Accounting
c) Based on your analysis, Sh 4.(16 marks) Rudolph Company sells an ornamental reindeer for $110.00 each. Fixed costs total $21,120.00 annually. Variable costs are $50.00 per reindeer. a) How many reindeer must the company sell to earn an operating income of $5,280.00 (assume no taxes)? b) Assume the company has a tax rate of 40.0%. How many reindeer must the company sell to earn an after-tax profit of $6,768.00? 5 (6 marks). Rednotes sells dresses for $230.00 each. Variable costs are $100.00 per dress, and fixed costs total $89,7 annually. In 2020, Rednotes sold 1,110 dresses. a) What was Rednotes' margin of safety in dollars in 2020? b) What was Rednotes' margin of safety in percent in 2020
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