Reference no: EM133115476
Question - ABC Company estimates the following data for the coming month
Total variable costs $40,000.00
Income tax rate 40%
Contribution margin percentage 30%
Estimated net income $6,000.00
Required - Find the estimated total fixed costs for the coming month
a. Between 0 and $20,000.00
b. Between $20,000.00 and $40,001.00
c. Between $40,001.00 and $60,000.00
d. Between $60,000 and 80,001.00
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