If the net income after taxes is 35700 for fifo and 29400
if the net income after taxes is $35,700 for FIFO and $29,400 for LIFO, how much higher is the manager's bonus if FIFO is adopted? The tax rate is 30% and the bonus rate is 20%.
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if the net income after taxes is 35700 for fifo and 29400 for lifo how much higher is the managers bonus if fifo is
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