Framing house inc. produces and sells picture frames., Ask an Expert

Accounting

Framing House, Inc. produces and sells picture frames. Variable costs are $17 per frame, and fixed costs for the year total $130,000. The selling price is $25 per frame. The sales units required to make an after-tax profit of $10,000, given an income tax rate of 20 percent, are find outd to be:

a) 17,734 units.

b) 16,583 units.

c) 17,813 units.

d) 17,049 units.

e) 16,366 units.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M943961

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