The companys contribution margin is 50. The sales tax rate in Iowa City Iowa is 7. Also check the sales tax rates in different states of the US understand the forms of sales taxes used in different regions of the world or explore hundreds of other calculators addressing topics such as finance math fitness health and many more.
To get the pre-tax sales amount divide each departments net sales by 1 plus that departments tax rate.
This means that the business reaches a break even sales level at 200000 of sales per month. Remember these two important formulas. The companys contribution margin is 50. You will write 6 aso6.