Question: Please answer as soon as possible, I will upvote your answer. Thanks in advance. Seminole Corporation sells graduation gowns for finance majors. Seminole has sales
Seminole Corporation sells graduation gowns for finance majors. Seminole has sales revenue of $600,000, variable manufacturing costs of $250,000, other variable costs of $50,000, total fuxed manufacturing costs of $100,000, and total fixed selling costs of $20,000. What level of sales revenue will Wilco have to generate to earn an after-tax profit of $320,000 ? Wilco's tax rate is 20 percent. Some other answer $880,000$1,040,000$896,552$1,000,000
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