Question: Capri Incorporated has annual fixed costs totaling $3,000,000 and variable costs of $450 per unit. Each unit of product is sold for $850. Assume a
Capri Incorporated has annual fixed costs totaling $3,000,000 and variable costs of $450 per unit. Each unit of product is sold for $850. Assume a tax rate of 30 percent. How many sales dollars are required to earn an annual profit of $210,000 after taxes?
$3,898,100
$6,821,250
$7,012,500
$7,862,500
None of the answer choices is correct.
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