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Question 1 ABC Company estimates the following data for the coming month Total variable costs $60,000.00 Income tax rate 40% Contribution margin percentage 50% Required
Question 1 ABC Company estimates the following data for the coming month Total variable costs $60,000.00 Income tax rate 40% Contribution margin percentage 50% Required net income $6,000.00 Find the estimated operating income for the coming month. a $2,500 b. $3,500 c. $8,000 d. Between $9,000 and $10,001 . $ 3 S Question 11 In general what are the assumptions of accepting special orders? a. That provide both qualitative and quantitative reasoning of special offer b. That provide only qualitative reasoning of special offer c. That provide only quantitative reasoning of special offer Question 18 40% ABC Company estimates the following data for the coming month Total variable costs 25??? 33.000.00 Income tax rate 25% Contribution margin percentage Estimated monthly operating? fixed costs $16.000.00 Required minimum net income as percentage of total sales 10% ?Find the estimated operating income for the coming month. Between 0 and $1,500.00 Between $2,000.00 and $2,500.00 Between $4,500.00 and $6,500.00 Between $7,000.00 and $8,500.00 muistion 16 2 ABC Company estimates the following data for the coming month Total variable costs ?$??? 40,000.00 Income tax rate 40% Contribution margin percentage 30% Estimated net income $6,000.00 Find the estimated total fixed costs for the coming month a. Between 0 and $20,000.00 b. Between $20,000.00 and $40,001.00 c. Between $40,001.00 and $60,000.00 d Between $60,000 and 80,001.00
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