If selling price per unit is $30, variable costs per unit are $20, total fixed costs are
Question:
If selling price per unit is $30, variable costs per unit are $20, total fixed costs are $10,000, the tax rate is 30%, and the company sells 5,000 units, net income is:
a. $12,000
b. $14,000
c. $28,000
d. $40,000
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c 28000 Computation of the Net Income Particulars ...View the full answer
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