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Framing House,Inc

Question 45

Multiple Choice

Framing House,Inc.produces and sells picture frames.Variable costs are $17 per frame,and fixed costs for the year total $130,000.The selling price is $25 per frame.The sales dollars required to make an after-tax profit of $10,000,given an income tax rate of 20 percent,are calculated to be(round intermediate calculation(s) to nearest whole number) :


A) $436,500
B) $439,000
C) $442,750
D) $460,000
E) $445,325

Correct Answer:

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