Multiple Choice
Pine, Inc.has a 34% contribution margin rate, fixed costs of $62,000, and net income of $80,184.Pine sold 9,200 units for $54 each.What were Pine's operating income and tax rate (if necessary, round your answer to the nearest full percent) ?
A) $106,912; 25%
B) $147,832; 46%
C) $286,968; 28%
D) $168,912; 75%
Correct Answer:

Verified
Correct Answer:
Verified
Q176: Assume total sales of $800,000, total variable
Q177: If sales increase by 10%, then total
Q178: Given that the selling price is $200,
Q179: The selling price of a unit is
Q180: What is the formula for calculating degree
Q182: Assume Buddy's Farm Supply wants to make
Q183: Bonita Corporation produces only one product.Monthly data
Q184: Herzig Industries sells two electrical components with
Q185: Lochte Inc.has collected the following data concerning
Q186: All other things equal, a company can