Question: A company sells 10 Jonah Cigars for $59/each. The variable cost is $19, and the fixed cost is $100. The company has G&A costs of
A company sells 10 Jonah Cigars for $59/each. The variable cost is $19, and the fixed cost is $100. The company has G&A costs of $120 and has a tax rate of 10%. Answer the following: 21. The Net Income is A) $590 B) $300 C) $243 D) $190 E) $162 22. The Total Revenue is A) $590 B) $300 C) $243 D) $190 E) $162 23. The Contribution Margin A) $590 B) $300 C) $243 D) $190 E) $162 24. Total Variable Cost A) $590 B) $300 C) $243 D) $190 E) $162 25. Total Taxes A) $180 B) $190 C) $25 D) $18 E) $15
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