An electrical product manufacturing company provides the following information related to plant revenue, cost, and capacity. The

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An electrical product manufacturing company provides the following information related to plant revenue, cost, and capacity. The purpose is to find the answers to the questions that are of primary interest to the company. The data is as follows: Plant capacity 55,000 units Total fixed cost $ 550,000 Unit Price $ 40 Variable cost $ 18 Tax rate 15% Expected profit $ 85,000 Contribution margin $ 22

What is the total income that the company must have to cover the fixed, variable costs, expected profit and payment of taxes?

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

Posted Date: Jun 16, 2023 02:44 AM

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An electrical product manufacturing company provides the following information related to plant revenue, cost, and capacity. The

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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