A project will increase revenue from $1 million to $1.5 million. Wages are 40% of revenue. Maintenance on the machine will be $34,000, the same as it is on the machine that will be replaced. What is the incremental net revenue (i.e. change in revenue minus expenses) that will result from accepting this project?

Answer rating: 100% (QA)

To calculate the incremental net revenue resulting from accepting this project we need to consider t... View the full answer