Knowee
Questions
Features
Study Tools

Mina Manufacturing Company, for the fiscalyear 2022, sells 6000 units with a selling priceper unit of $120. Suppose that the total fixedcost amounted to $60,000 and the variablecost per unit was $90, and the tax rate is 20%.

Question

Mina Manufacturing Company, for the fiscalyear 2022, sells 6000 units with a selling priceper unit of 120.Supposethatthetotalfixedcostamountedto120. Suppose that the total fixedcost amounted to 60,000 and the variablecost per unit was $90, and the tax rate is 20%.

🧐 Not the exact question you are looking for?Go ask a question

Solution

Sure, but you haven't asked a specific question about the Mina Manufacturing Company's fiscal year 2022. Are you looking for their gross profit, net profit, or something else? Please provide more details so I can assist you better.

Similar Questions

A business has fixed costs of $3,570 per month and the product sells for $105. The variable cost is $26 per unit.The business wishes to make a profit of $4,227 AFTER tax.How many units must be sold? Answer in whole units only.

If sales revenue totals $84,000, selling price is $6 per unit, variable costs are $2.50 per unit and fixed costs are $48,000 per annum, the profit that will be earned is:Question 8Answera.$13,714b.$19,200c.$1,000d.$5,600

Fixed cost Rs. 80,000; Variable cost Rs. 2 per unit; Selling price_Rs. 10 per unit; turnover required for a profit target of Rs. 60,000.a.Rs. 1,75,000.b.Rs. 1,86,667.c.Rs. 1.57,000.d.Rs. 1,17,400.

The table given below shows the price of the product according to the quantity of the product produced. Quantity Price 5 $156 $157 $15  In the above table, if the firm sells 5 units of output, its total revenue is $30$15$75$90

In 2019, Troy Camejo Inc. sold 50,000 units at a selling price of $44 per unit. The company manufactured 80,000 units. Variable manufacturing costs were $19 per unit manufactured. Fixed manufacturing costs amounted to $340,000. Variable marketing costs were $15 per unit sold, and the budgeted and actual fixed marketing costs were $39,000. Other fixed operating expenses amounted to $15,000. There was no beginning inventory.Do not enter dollar signs or commas in the input boxes.Round all answers to the nearest whole number.a) Calculate the company's 2019 operating income using absorption costing.Revenues $AnswerCost of Goods Sold: Beginning Inventory $AnswerCost of Goods Manufactured $AnswerLess: Ending Inventory $AnswerCost of Goods Sold $AnswerGross Margin $AnswerOperating Expenses: Marketing Costs $AnswerOther Fixed Operating Expenses $Answer$AnswerIncome from Operations $Answer

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.