solve a and b CoursHeroTranscribedText: Hammerhead Charters runs shing trips out of the local port....

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Accounting

solve a and b

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CoursHeroTranscribedText: Hammerhead Charters runs shing trips out of the local port. Hammerhead charges $50 per trip for a half-day trip. Variable costs for Hammerhead total $20 per trip and the xed costs are $12,000 per month. Hammerhead is subject to an income tax rate of 25 percent. Required: :1. How many trips must Hammerhead sell to break even? b. How many trips must Hammerhead sell to earn a monthly operating prot of $13,500 after taxes

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