Discuss the revenue and cost relationships, Accounting Basics

Discuss the revenue and cost relationships

In 2012, X Company's revenue was $236,250, its total variable costs were $128,250, and its fixed costs were $92,400. Assume that these revenue and cost relationships continue in 2013, but fixed costs increase by 21%. If the tax rate is 30%, what must revenue be in 2013 in order for X Company to earn $44,200 after taxes?

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Accounting Basics: Discuss the revenue and cost relationships

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Accounting Basics: Discuss the revenue and cost relationships

Reference No:- TGS0709882

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Recent Questions Asked Accounting Basics

Q : What is profit maximizing quantity of labor

Q : What was the earnings per share.

Q : Can pony take as compensation deduction

Q : What will their new current ratio be

Q : Discuss the revenue and cost relationships

Q : What is the balance in cash

Q : James company had checks outstanding

Q : Ending finished goods inventory

Q : What is probability exactly one of these vehicles requires

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Discuss the revenue and cost relationships

Reference No:- TGS0709882

Recent Questions Asked Accounting Basics

Q : What is profit maximizing quantity of labor

Q : What was the earnings per share.

Q : Can pony take as compensation deduction

Q : What will their new current ratio be

Q : Discuss the revenue and cost relationships

Q : What is the balance in cash

Q : James company had checks outstanding

Q : Ending finished goods inventory

Q : What is probability exactly one of these vehicles requires

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