Assume that Matthews fixed costs, variable costs, and sales price were the same last year, when he made $51,660 in net income. How many hats did Matthew sell last year, assuming a 30% income tax rate?

+ Chapter 03 Graded Assignment Question 3 of 5 5.71 / 20 Matthew Young operates a kiosk in downtown Chicago, at which he sells one style of baseball hat. He buys the hats from a supplier for $35 and sells them for $41. Matthew's current breakeven point is 36,900 hats per year. (1) Your answer is correct. Calculate contribution margin per unit. $ 6 Contribution margin per unit e Textbook and Media Attempts: unlimited (a2) Your answer is correct. What is Matthew's current level of fixed costs? (Use the rounded contribution margin per unit calculated in the previous part.) $ Current level of fixed costs 221400 vynatis Matthew s current level of nxea costS(use the rounaea contribution margin per unit calculatea in the previous part.) $ 221400 Current level of fixed costs e Textbook and Media Assistance Used Attempts: unlimited (b) Your answer is incorrect. Assume that Matthew's fixed costs, variable costs, and sales price were the same last year, when he made $51,660 in net income. How many hats did Matthew sell last year, assuming a 30% income tax rate? (Use the rounded contribution margin per unit calculated in the previous part.) hats e Textbook and Media Assistance Used Save for Later Last saved 1 day ago. Attempts: unlimited Submit Answer Saved work will be auto-submitted on the due date