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Home Q & A Board Other Fields Homework Help Business Accounting
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opfaluyi opfaluyi
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A year ago
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%
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Managerial Accounting

Managerial Accounting


Edition: 4th
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amieamie
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A year ago
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opfaluyi Author
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A year ago
Brilliant ツ
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Just got PERFECT on my quiz
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