Use the following information for questions 25 – 27: Zeigler. Inc. produces quality Chess sets for stiff academic office-hours competition. The company expects the following sales and expenses for the sear for its top of the line “Excellent Student” (ES) brand of silver-plated sets. Sales (400 sets) $ 300,000 Expected income Tax Rate: 30% Total Variable expenses $ 80,000 Total Fixed expenses $100,000 25. Set up a CM template, use the equation method, and determine how mans units (sets) must be sold to break-even and indicate your conclusion. 26. Using the “Equation Method”, what Sales dollar amount of Excellent Student series sets must be sold to earn a pre-tax profit of $120,000? and indicate your conclusion. 27. Using the “Equation Method”, what sales dollar amount of Excellent Student series sets must be sold to cam an after-tax profit of SI20.000? Show- all work and indicate your conclusion.
