Carl's Com has total fixed costs of $20,990. If the company's contribution margin is 40%, the income tax rate is 20% and the selling price of a box of Corn is $30, how many boxes of Corn would the comp to sell to produce a net income of $11,000? OA. 2,292OB. 1,930OC. 2,895OD. 1,262 4 Carl's Corn has total foxed costs of $20,990 if the company's contribution margin is 40%, the income tax rale s 20% and the seling price of a box of Corn is $30, how many boxes of Corn would the compto sell to produce a net income of $11,000?OA 2,292OB 1,930OC. 2,895OD 1262-

The contribution margin ratio is a financial metric that calculates the proportion of sales revenue…

Carl's Com has total fixed costs of $20,990. If the company's contribution margin is 40%, the income tax rate is 20% and the selling price of a box of Corn is $30, how many boxes of Corn would the comp to sell to produce a net income of $11,000? O A. 2,292 OB. 1,930 OC. 2,895 OD. 1,262 4

Carl's Com has total fixed costs of $20,990. If the company's contribution margin is 40%, the income tax rate is 20% and the selling price of a box of Corn is $30, how many boxes of Corn would the comp to sell to produce a net income of $11,000? O A. 2,292 OB. 1,930 OC. 2,895 OD. 1,262 4

FINANCIAL ACCOUNTING

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ISBN:9781259964947

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Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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Concept explainers

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.

Question

A. 2,292

OB. 1,930

OC. 2,895

OD. 1,262 4

Carl's Corn has total foxed costs of $20,990 if the company's contribution margin is 40%, the income tax rale s 20% and the seling price of a box of Corn is $30, how many boxes of Corn would the comp
to sell to produce a net income of $11,000?
OA 2,292
OB 1,930
OC. 2,895
OD 1262-

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