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Other Fields Homework Help Accounting Topic started by: marmech12 on Jan 18, 2023



Title: Pine, Inc. has a 34% contribution margin rate, fixed costs of $62,000, and net income of $80,184. ...
Post by: marmech12 on Jan 18, 2023
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%


Title: Pine, Inc. has a 34% contribution margin rate, fixed costs of $62,000, and net income of $80,184. ...
Post by: anikamazumder on Jan 18, 2023
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