Question
ABC Company estimates the following data for the coming month Total variable costs 48,000.00 Income tax rate 20% Contribution margin percentage 40% Estimated net income
ABC Company estimates the following data for the coming month Total variable costs 48,000.00 Income tax rate 20% Contribution margin percentage 40% Estimated net income $10,000.00 Find the estimated total fixed costs for the coming month
a. Between 0 and $20,000.00 b. Between $20,000.00 and $30,001.00 c. Between $30,001.00 and $40,000.00 d. Between $60,000 and 80,001.00
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Financial Accounting A Critical Approach
Authors: John Friedlan
1st Edition
0130193720, 978-0130193728
