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Calculate the before-tax profit

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Question - Learner Company wants to earn a net income of $250,000 next year. Product costs are as follows:

Direct materials per unit of product $60; Direct labor per unit of product $105; Variable overhead per unit of product $10; Total fixed factory overhead $600,000; Fixed selling and administrative expense totals $300,000. Learner Company has a tax rate of 35 percent.

Based on the given information, calculate the before-tax profit needed to achieve an after-tax target of $325,000.

a. $400,000

b. $200,000

c. $250,000

d. $500,000

Reference no: EM131961651

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