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Problem 3-33 Adam Granger operates a kiosk in downtown Chicago, at which he sells one style of baseball hat. He buys the hats from a
Problem 3-33 Adam Granger operates a kiosk in downtown Chicago, at which he sells one style of baseball hat. He buys the hats from a supplier for $33 and sells them for $39. Adam's current breakeven point is 18,000 hats per year E] Your answer is correct. Calculate contribution margin per unit. Contribution margin per unit SHOW SOLUTIONSHOW ANSWER LINK TO TEXT LINK TO TEXT LINK TO VIDEO Your answer is correct. What is Adam's current level of fixed costs? (Use the rounded contribution margin per unit calculated in the previous part 108000 Current level of fixed costs SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT LINK TO VIDEO Your answer is incorrect. Try again Assume that Adam's fixed costs, variable costs, and sales price were the same last year, when he made $25,200 in net income. How many hats did Adam sell last year, assuming a 30% income tax rate? (Use the rounded contribution margin per unit calculated in the previous part.) 18000 hats
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