Pine, IncHas a 34% Contribution Margin Rate, Fixed Costs of $62,000

question 181

Multiple Choice

Pine, Inc.has a 34% contribution margin rate, fixed costs of $62,000, and net income of $80,184.Pine sold 9,200 units for $54 each.What were Pine's operating income and tax rate (if necessary, round your answer to the nearest full percent) ?

• A)$106,912; 25%
• B)$147,832; 46%
• C)$286,968; 28%
• D)$168,912; 75%

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