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Other Fields Homework Help Accounting Topic started by: nrod1120 on Jan 18, 2023



Title: Tina Industries manufactures a product whose variable costs are 62.5% of sales. Tina's tax rate is ...
Post by: nrod1120 on Jan 18, 2023
Tina Industries manufactures a product whose variable costs are 62.5% of sales. Tina's tax rate is 35% and net income for the year was $33,696. If Tina sold 23,040 units at $16 per unit, what were the company's operating income and fixed costs (round your answer if necessary)?

▸ $51,840; $86,400

▸ $96,275; $134,125

▸ $171,936; $75,661

▸ $138,240; $41,965


Title: Tina Industries manufactures a product whose variable costs are 62.5% of sales. Tina's tax rate is ...
Post by: hannahfeng on Jan 18, 2023
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