Fixed overhead and fixed selling and administrative costs


Last year, X Company sold 58,000 units of its only product. The following is budgeted per-unit information for next year:

Selling price $32.44
Direct materials 4.17
Direct labor [all variable] 4.37
Variable overhead 4.17
Variable selling and administrative 4.21

Fixed overhead and fixed selling and administrative costs are expected to total $335,240. If X Company wants to earn $46,000 after taxes next year, and the tax rate is 37%, how many units must it sell?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Fixed overhead and fixed selling and administrative costs
Reference No:- TGS0695934

Expected delivery within 24 Hours