What is the contribution margin in dollars, Accounting Basics

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What is the contribution margin in dollars

Ross company manufactures mountain bikes that sells for $650 each. It's variable cost ratio is 45% with fixed cost amounting to $75,000. Ross wants an after tax net income of $180,000 after paying IRS 25% NC 12% and Mecklenburg 3.5%. Compute the following if fixed cost are expected to increase by 30%.

What is the contribution margin in dollars?

What is the total of taxes paid?

number of bikes to be sold__________________________

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Accounting Basics: What is the contribution margin in dollars

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Accounting Basics: What is the contribution margin in dollars

Reference No:- TGS0697544

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Recent Questions Asked Accounting Basics

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Ask an Expert for Answer!!

Accounting Basics: What is the contribution margin in dollars

Reference No:- TGS0697544

Recent Questions Asked Accounting Basics

Q : Explain the largest uniform supplier in north america

Q : How to minimize daily cost of meeting demands of groceries

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Q : What is the contribution margin in dollars

Q : How would investor feel about this change in the regulation

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Q : Formulate an ilp that help domino maximize its annual profit

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