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Sandhill Footwear Co. produces high-quality shoes. To prepare for next year's marketing campaign, the company's controller has prepared the following information for the current year,
Sandhill Footwear Co. produces high-quality shoes. To prepare for next year's marketing campaign, the company's controller has prepared the following information for the current year, 2022: Variable costs (per pair of shoes) Direct materials $42 Direct manufacturing labour 18 Variable overhead (manufacturing, marketing, distribution, customer service, and administration) 23 Total variable costs $83 Fixed costs Manufacturing $2,580,000 Marketing, distribution, and customer service 495,000 Administrative 755,000 Total fixed costs $3,830,000 Selling price per pair of shoes $183 Expected revenues, 2022 (51,300 units) $9,387,900 Income tax rate 40% (a) Calculate the projected operating income before tax for 2022. Operating income before tax $ Save for Later Attempts: 0 of 2 used Submit
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