Anglico's Most Recent Income Statement Is Given Below

question 101

Essay

Anglico's most recent income statement is given below.

Required:
a. Contribution margin per unit is $ ________ per unit
b. If sales are doubled total variable costs will equal $ ________
c. If sales are doubled total fixed costs will equal $ ________
d. If 20 more units are sold, profits will increase by $ ________
e. Compute how many units must be sold to break even. # ________
f. Compute how many units must be sold to achieve
operating income of $60,000.# ________
g. Compute the revenue needed to achieve an after tax
income of $30,000 given a tax rate of 30%. $ ________

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Definitions:

Early Maturation

The process of reaching physical or psychological maturity more quickly than others of the same age group, often resulting in various social and emotional effects.

Popularity

The state or condition of being liked, admired, or supported by a large number of people.

Boys

Young male humans, typically defined by their age and developmental characteristics prior to reaching adulthood.

Girls

This term refers to female children and young adolescents, typically characterized by their developmental stage prior to adulthood.