Top Posters
Since Sunday
p
4
h
4
c
4
d
3
3
c
3
t
3
u
3
A
3
B
3
j
3
s
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
ashly138 ashly138
wrote...
Go to Answer
Posts: 686
Rep: 6 0
6 years ago
Heady Company sells headbands to retailers for $5. The variable cost of goods sold per headband is $1, with a selling commission of 10 percent of sales. Fixed manufacturing costs total $25,000 per month, while fixed selling and administrative costs total $10,500. The income tax rate for Heady Company is 30 percent.

Required:
a.   What is the break-even point in headbands?
b.   What are target sales in headbands to generate a before-tax income of $3,000?
c.   What are target sales in headbands to generate an after-tax income of $3,080?
d.   What is net income assuming Heady sells total 15,000 headbands?
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
Read 84 times
1 Reply
Love this site! Slight Smile
Replies
Answer verified by a subject expert
AllopaAllopa
wrote...
#1
Top Poster
Posts: 683
Rep: 7 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
This verified answer contains over 190 words.
1

Related Topics

ashly138 Author
wrote...

6 years ago
Just got PERFECT on my quiz
Ifekwunigwe
wrote...

Yesterday
Helped a lot
lolaww
wrote...

2 hours ago
Thank you, thank you, thank you!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  976 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 120
  
 300
  
 180
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 436
Previous poll results: What's your favorite math subject?