What is the total for variable costs

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Reference no: EM131293587

IN ORDER GET FULL CREDIT, I MUST HAVE FULL SOLUTIONS FOR EACH ANSWER OR NO CREDIT WILL BE OFFERED.

ROSS COMPANY MANUFACTURES MOUNTAIN BIKES THAT SELLS FOR $750 EACH. IT’S VARIABLE COST RATIO IS 55% WITH FIXED COSTS AMOUNTING TO $85,000. ROSS WANTS AN AFTER TAX NET INCOME OF $175,000 AFTER PAYING IRS 25%, NORTH CAROLINE 12%, AND MECKLENBURG 5.25%. COMPUTE THE FOLLOWING IF FIXED COSTS ARE EXPECTED TO BE 180,000.

NUMBER OF BIKES TO BE SOLD._________

TAXES PAID TO MECKLENBURG? __________

TOTAL SALES IN DOLLARS.__________________

WHAT IS THE CONTRIBUTION MARGIN PER BIKE?____________

WHAT IS THE TOTAL FOR VARIABLE COSTS?_$________

Reference no: EM131293587

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