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just the last question please Charles Wilson operates a kiosk in downtown Chicago, at which he sells one style of baseball hat. He buys the

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Charles Wilson operates a kiosk in downtown Chicago, at which he sells one style of baseball hat. He buys the hats from a supplier for $16 and sells them for $20. Charles's current breakeven point is 16,500 hats per year (al) Your answer is correct. Calculate contribution margin per unit. Contribution margin per unit (2) Your answer is correct What is Charles's current level of fixed costs? (Use the rounded contribution margin per unit calculated in the previous part.) 66000 Current level of fixed costs (b) Your answer is correct. Assume that Charles's fixed costs. variable costs, and sales price were the same last year, when he made $26,600 in net income. How many hats did Charles sell last year, assuming a 30% income tax rate? (Use the rounded contribution margin per unit calculated in the previous part.) 26000 hats (c) Your answer is correct What was Charles's margin of safety in units and dollars last year? 9500 hats Margin of safety in units Margin of safety in dollars 190000 (d) Your answer is correct. If Charles wants to earn $38,500 in net income, how many hats must he sell, assuming a 30% tax rate? (Use the rounded contribution margin per unit calculated in the previous part.) 30250 hats (e) Your answer is correct. How many hats must Charles sell to break even if his supplier raises the price of the hats to $17 per hat? (Use the rounded contribution margin per unit for computation.) 2000 hats (8) Charles has decided to increase his sales price to $21 to offset the supplier's price increase. He believes that the increase will result in a 5% reduction from last year's sales volume. What is Charles's expected net income, assuming a 30% tax rate? Net income

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