Tabitha manufactures a product that sells very well. The capacity of her facility is 218,000 units per
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Tabitha manufactures a product that sells very well. The capacity of her facility is 218,000 units per year. The fixed costs are $199,000 per year and the variable costs are $8 per unit. The product currently sells for $19. a. What total revenue is required for a net income of $305,000 per year? Round to the nearest cent b. If sales were at 75% of the capacity and the variable costs decreased by 25%, what would be the net income per year?
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
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