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How much higher is the managers bonus

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Reference no: EM132719193

Question: The manager of Weiser is given a bonus based on net income before taxes. The net income after taxes is $76300 for FIFO and $62800 for LIFO. The tax rate is 30%. The bonus rate is 20%. How much higher is the manager's bonus if FIFO is adopted instead of LIFO? The response must be typed, double spaced, times new roman, font size 12 and must follow APA format.

Reference no: EM132719193

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