Bovous Stores, Inc., sells several products. Information of average revenue and costs is as follows: Selling price per unit $20.00 Variable costs per unit: Direct material $4.00 Direct manufacturing labor $1.60 Manufacturing overhead $0.40 Selling costs $2.00 Annual fixed costs $96,000 The revenues that the company must earn annually to make a profit of $144,000 are:

(A) $378,000

(B) $425,000

(C) $400,000

(D) $450,000

Answer rating: 100% (QA)

Revenue Sales Cost 144000 2... View the full answer