United Refrigeration Company (URC) produces one model of refrigerator that sells for $1,250. Variable costs are $890 per unit. Fixed costs are $720,000 per year. Tax rate is 40%.

How much would the annual sales revenue ($) have to be for URC to have a profit after taxes of $1,080,000?

Answer rating: 100% (QA)

To determine the annual sales revenue needed for URC to achieve a profit after taxes of 1080000 we n... View the full answer