Heesacker Co

question 49

Short Answer

Heesacker Co. sells a product with a $2 per unit contribution margin. Fixed costs are $70,000 and the tax rate is 60%. What amount of revenue is needed to obtain an after-tax profit of $30,000 if the unit selling price is $5?

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Definitions:

Judgment

The ability to make considered decisions or form opinions through the evaluation of available evidence and reasoning.

Participative Leadership

A leadership style where decision-making is shared among group members to encourage employee involvement in organizational decisions.

Advantages

The beneficial aspects or positive effects that contribute to success or achieving a goal.

Problems

Situations that require solutions or understanding to overcome difficulties.