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20. Bob's Donuts, Inc., expects to earn $64,000 next year after taxes on sales of $420,000. Bob's bakes only one type of specialty donut and
20. Bob's Donuts, Inc., expects to earn $64,000 next year after taxes on sales of $420,000. Bob's bakes only one type of specialty donut and is located in the small, but beautiful town of Oviedo, Florida. Bob sells his donuts for $1.25 a piece, and they have a variable cost of $.33 a piece. Bob's tax rate is currently 34 percent.
A. What are the firm's expected fixed costs for next year?
b. What is the break-even point in units
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