This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Marie Manufacturing reported net income of $42,120 and has a 35% tax rate. Marie manufactures a ... (Read 33 times)

allywil32

  • Full Member
  • ***
  • Posts: 144
on: Feb 5, 2023

Question 1

Pine, Inc. has a 34% contribution margin rate, fixed costs of $62,000, and net income of $80,184. Pine sold 9,200 units for $54 each. What were Pine's operating income and tax rate (if necessary, round your answer to the nearest full percent)?
◦ $286,968; 28%
◦ $168,912; 75%
◦ $147,832; 46%
◦ $106,912; 25%

Question 2

Marie Manufacturing reported net income of $42,120 and has a 35% tax rate. Marie manufactures a product which sells for $20 per unit and whose variable costs are 62.5% of sales. If Marie sold 23,040 units, what were the company's operating income and fixed costs (round your answer if necessary)?
◦ $172,800; $52,456
◦ $64,800; $108,000
◦ $214,920; $94,576
◦ $120,344; $167,656
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by allywil32 on Feb 5, 2023

Jim457

  • Full Member
  • ***
  • Posts: 187
Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly


allywil32

  • Member
  • Posts: 144
Reply 2 on: Feb 5, 2023
Excellent

DylanD1323

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Static Stability & Environmental Lapse Rate Static Stability & Environmental Lapse Rate
Factors That Affect Your Basal Metabolic Rate Factors That Affect Your Basal Metabolic Rate
Income per Capita versus Inequality Income per Capita versus Inequality
Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ... Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ...
AAC, Inc. is planning to issue $5,000,000 in 180-day maturity notes paying a rate of 12 percent ... AAC, Inc. is planning to issue $5,000,000 in 180-day maturity notes paying a rate of 12 percent ...
The rate of replacement of a recessive allele d by the dominant allele D by mutation alone. Even tho The rate of replacement of a recessive allele d by the dominant allele D by mutation alone. Even tho
Video: Inflammation

For a complete list of videos, visit our video library