Management anticipates fixed costs of $95,000 and variable costs equal to 35% of sales. What will pretax income equal if sales are $480,000?

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter11: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 11.16E
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Management anticipates fixed costs of $95,000 and variable
costs equal to 35% of sales. What will pretax income equal
if sales are $480,000?
Transcribed Image Text:Management anticipates fixed costs of $95,000 and variable costs equal to 35% of sales. What will pretax income equal if sales are $480,000?
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