Last year x company sold 58000 units of its only product, Ask an Expert

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Last year, X Company sold 58,000 units of its only product. The following is budgeted per-unit information for next year:

Selling price	$32.44
Direct materials	4.17
Direct labor [all variable]	4.37
Variable overhead	4.17
Variable selling and administrative	4.21

Fixed overhead and fixed selling and administrative costs are expected to total $335,240. If X Company wants to earn $46,000 after taxes next year, and the tax rate is 37%, how many units must it sell?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9966012

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