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Framing House, Inc. produces and sells picture frames. Variable costs are expected to be $18.00 per frame;fixed costs for the year are expected to total
Framing House, Inc. produces and sells picture frames. Variable costs are expected to be $18.00 per frame;fixed costs for the year are expected to total $144,000. The budgeted selling price is $27.00 per frame. The sales dollars required to make a before-tax profit of $22,000 for Framing House are calculated to be: $572,700 $498,000 $522,900 $473,100 $547,800 Framing House, Inc. produces and sells picture frames. Variable costs are expected to be $18.00 per frame; fixed costs for the year are expected to total $144,000. The budgeted selling price is $27.00 per frame. The sales dollars required by Framing House to make an after-tax profit of $11,000, given an income tax rate of 22 percent, are calculated to be (round intermediate calculation(s) to nearest whole number) $469,565 $460,078 $455,335 $464,822 $474,308
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