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Kip's Kabobs has Fixed Costs of $80,000 and a contribution margin of $10/unit. In the...

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Question

Accounting

Kip's Kabobs has Fixed Costs of $80,000 and a contribution margin of $10/unit. In the current period, Kip sells 11,500 units for $100/unit.

What is Kip Kabobs' pre-tax net income?

Group of answer choices

115,000

720,000

80,000

35,000

Answer & Explanation Solved by verified expert
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