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4 Tom's Tire Tower, Inc., sells tires for $110. The unit variable cost per tire is $85. Fixed costs total $475,000 Required: a. What is

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4 Tom's Tire Tower, Inc., sells tires for $110. The unit variable cost per tire is $85. Fixed costs total $475,000 Required: a. What is the contribution margin per tire? b. What is the breakeven point in tires? . How many tires must be sold to eam a pretax income of $450,000? d What is the margin of safety, assuming 33,000 tires are sold? 5 Family Furniture sells a table for $950. Its fixed costs are $2,500, while its variable costs are $500 per table. It currently plans to sell 180 tables this month. What is the budgeted operating income for the month assuming that Family Furniture sells 180 tables? A) $168,500 B) $81,000 C) $78,500 D) $171,000 6 Arthur's Plumbing reported the following: Revenues Variable manufacturing costs Variable nonmanufacturing costs Fixed manufacturing costs Fixed nonmanufacturing costs $4,500 5 900 $ 810 5 630 5545 Required: d. Compute contribution margin. b. Compute contribution margin percentage. cCompute gross margin d. Compute gross margin percentage 0 Compute operating income O M

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