Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
nrod1120 nrod1120
wrote...
Go to Answer
Posts: 158
Rep: 0 0
A year ago
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
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 34 times
1 Reply
Replies
Answer verified by a subject expert
hannahfenghannahfeng
wrote...
#1
Posts: 134
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

nrod1120 Author
wrote...

A year ago
Thank you, thank you, thank you!
jbarnett14
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
jblazah
wrote...

2 hours ago
Thanks for your help!!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1281 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 1155
  
 322
  
 625
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: What percentage of nature vs. nurture dictates human intelligence?