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marmech12 marmech12
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A year ago
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%
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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anikamazumderanikamazumder
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A year ago
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marmech12 Author
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A year ago
Thanks
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Yesterday
Good timing, thanks!
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2 hours ago
Just got PERFECT on my quiz
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