Question
ABC Company estimates the following data for the coming month Total variable costs?$60,000.00 Income tax rate40% Contribution margin percentage50% Required net income$6,000.00 Find the estimated
ABC Company estimates the following data for the coming month
Total variable costs?$60,000.00
Income tax rate40%
Contribution margin percentage50%
Required net income$6,000.00
Find the estimated operating income for the coming month.
a.$2,500
b.$8,000
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Management Accounting
Authors: Anthony A Atkinson, Robert S Kaplan
5th Edition
136005314, 978-0136005315
