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A process plant making 4.000 tons per year of a product selling for $0.8 per kg has annual direct production costs of $2,000,000 at 100
A process plant making 4.000 tons per year of a product selling for $0.8 per kg has annual direct production costs of $2,000,000 at 100 percent capacity and other fixed costs of $700,000. What is the fixed cost per pound at the break-even point? What were the annual gross earnings and net profit for this plant when corporate income taxes required a 48 percent normal tax on the total gross earnings
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