Assume in 20x2 the same 14,600-unit volume is maintained but that the sales price increases by 10 percent. because of fifo inventory policy, old inventory will still be charged off at $8.00 per unit. also assume selling and administrative expense will be 5 percent of sales and depreciation will be unchanged. the tax rate is 30 percent. compute aftertax income for 20x2. (do not round intermediate calculations. round your answer to the nearest whole number.)

Levine inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. direct materials (9 pounds at $1.80 per pound) $16.20 direct labor (6 hours at $14.00 per hour) $84.00 during the month of april, the company manufactures 270 units and incurs the following actual costs. direct materials purchased and used (2,500 pounds) $5,000 direct labor (1,660 hours) $22,908 compute the total, price, and quantity variances for materials and labor.