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In: AccountingMona Company incurs $60,000 of annual fixed costs inmanufacturing and selling a product that it...Mona Company incurs $60,000 of annual fixed costs inmanufacturing and selling a product that it sells for $15 per unit.The variable costs of manufacturing and selling the product are $9per unit. If Mona Company has a30% income tax rate, and its management wants to earn an annualafter-tax income of $35,000. Determine thedollar sales volume that the company must achieve to reach thistarget income level.$200,000$350,000$275,000$95,000$250,000Mona Company incurs $60,000 of annual fixed costs inmanufacturing and selling a product that it sells for $15 per unit.The variable costs of manufacturing and selling the product are $9per unit. If Mona Company has a 30% income tax rate,determine the amount of after-tax income that MonaCompany would earn from $420,000 sales volume.$108,000$90,000$28,000$75,600$280,000