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ROSS COMPANY MANUFACTURES MOUNTAIN BIKES THAT SELLS FOR $650 EACH. TOTAL FIXED COSTS AMOUNT TO $280,000. THE CONTRIBUTION RATIO IS 35%. IF IRS IS TO

ROSS COMPANY MANUFACTURES MOUNTAIN BIKES THAT SELLS FOR $650 EACH. TOTAL FIXED COSTS AMOUNT TO $280,000. THE CONTRIBUTION RATIO IS 35%. IF IRS IS TO BE PAID 35%, N.C. TO GET 15%, AND MECK IS TO GET 5%, COMPUTE THE NUMBER OF BIKES TO BE SOLD, N.C. TAX, AND TOTAL SALES.
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