Graybill Corporation Gathered the Following Information Required:
A

question 130

Essay

Graybill Corporation gathered the following information: $\begin{array}{ll}\text { Variable costs } & \$ 945,000 \\\text { Income tax rate } & 40 \% \\\text { Contribution- margin } & 25 \% \\\text { ratio } &\end{array}$ Required:
a. Compute total fixed costs assuming a break- even volume in dollars of $1,610,000.
b. Compute sales volume in dollars to produce an after- tax net income of $210,000.

---

Definitions:

Total Resistance

The cumulative resistance faced by current in a circuit, calculated by summing individual resistances in series and applying parallel resistance formulas when appropriate.

27 Ω

A specific resistance value, indicating an object or material has a resistance of twenty-seven ohms.

56 Ω

A specific value of electrical resistance indicating that an object opposes the flow of electric current with a force of 56 ohms.

Current Flow

The movement of electric charge carriers, like electrons, through a conductor, measured in amperes (A).