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Howe Hinges Co

question 103

Multiple Choice

Howe Hinges Co. manufactures and sells a single product. This product has the following operational data: Unit sales price $ 30
Variable manufacturing cost per unit 17
Fixed manufacturing costs 72,000
Variable selling cost per unit 1
Fixed selling costs 27,000
Marginal tax rate 40%
What amount of total revenue would be needed to meet an after-tax profit target of $48,000?


Definitions:

Parietal Bones

The parietal bones are a pair of bones located on either side of the skull, forming the roof and sides of the cranium.

Frontal

Pertaining to the forehead or the frontal bone of the skull, often used in reference to the lobe of the brain located behind the forehead.

Temporal Bones

Paired bones that form part of the side and base of the skull, housing the organs of hearing and equilibrium.

Hyoid Bone

A horseshoe-shaped bone situated in the anterior midline of the neck between the chin and the thyroid cartilage, supporting the tongue and serving as an attachment point for muscles of the lower jaw and neck.

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