Question
(LO 4) A firm expects to sell 25,300 units of its product at $11.30 per unit and to incur variable costs per unit of $6.30.
(LO 4) A firm expects to sell 25,300 units of its product at $11.30 per unit and to incur variable costs per unit of $6.30. Total fixed costs are $73,000. The pretax net income is:
Multiple Choice
- $53,500.
- $73,000.
- $126,500.
- $159,390.
- $232,390.
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Intermediate accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
7th edition
978-0077614041, 9780077446475, 77614046, 007744647X, 77647092, 978-0077647094
