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MrMario, the Plant Supervisor of Super Brothers Corp

Question 4

Essay

Mr.Mario, the plant supervisor of Super Brothers Corp., is allowed a bonus of 4% of income after bonus and tax.For 2010, the tax rate is 30% and income before bonus and tax amounts to $1, 200, 000.
Required:
Compute the amount of Mr.Mario's 2010 bonus.

Correct Answer:

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