Jo manufacturing company provides the following data from, Ask an Expert

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Jo Manufacturing Company provides the following data from 2011: 20,000 units were sold for $60 each; total variable expenses were 900,000 and total fixed expenses were $240,000. Jo's income tax rate is 30%.

What was Jo's breakeven point in units?
How many units would have to be sold to earn an after tax profit of $90,000?
What net income would you expect in 2012 if sales increase 20%?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9290408

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