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Other Fields Homework Help Accounting Topic started by: opfaluyi on Jan 18, 2023



Title: Bumper earned net income of $72,000 and has fixed costs of $36,000. Bumper sold 11,000 units for $30 ...
Post by: opfaluyi on Jan 18, 2023
Bumper earned net income of $72,000 and has fixed costs of $36,000. Bumper sold 11,000 units for $30 each and has a 40% contribution margin ratio. What were Bumper's operating income and tax rate?

▸ $120,000; 40%

▸ $96,000; 25%

▸ $162,000; 45%

▸ $270,000; 27%


Title: Bumper earned net income of $72,000 and has fixed costs of $36,000. Bumper sold 11,000 units for $30 ...
Post by: amie on Jan 18, 2023
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