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Al manufactures and sells towels. Per unit direct material and direct labor costs are $1 and $2 respectively. Other than these costs, Al pays $1,000
Al manufactures and sells towels. Per unit direct material and direct labor costs are $1 and $2 respectively. Other than these costs, Al pays $1,000 for rent, $1,400 for the floor manager's salary, and recognizes $300 depreciation on the equipment every month. Al sells each towel at $8. If Al sells 400 towels, what would be Al's total revenue and total costs? SHOW WORK
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