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Question 3 Adam Granger operates a kiosk in downtown Chicago, at which he sells one style of baseball hat. He buys the hats from a
Question 3 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 $22 and sells them for $28. Adam's current breakeven point is 25,800 hats per year. (a1) (a2) (b) * 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 $36,120 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.) 57620 57620 hats hats Click if you would like to Show Work for this question: Open Show Work
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