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For the most recent year triad company had fixed costs of

Question - For the most recent year, Triad Company had fixed costs of $300,000 and variable costs of 75% of total sales revenue, earned $91,000 of net income after taxes, and had an income tax rate of 35%.

Required:

1. Determine the before-tax income.

2. Determine the total contribution margin.

3. Determine the total sales.

4. Determine the breakeven point in dollar sales.

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Accounting Basics: For the most recent year triad company had fixed costs of

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Accounting Basics: For the most recent year triad company had fixed costs of

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