Doyle's Candy Company Doyle's Candy Company is a wholesale distributor of candy. The company services groceries, convenience stores, and drugstores in a large metropolitan area. Small but steady growth in sales has been achieved over the past few years while candy prices have been increasing. The company is formulating its plans for the coming fiscal year. Presented below are the data used to project the current year's after-tax nex income of $264,960. S9.60 per box Average selling price Average variable costs: Candy production Selling Expense $4.80 per box $0.96 per box $5.76 per box Total Annual fixed costs: $384,000 $672,000 $1,056,000 390,000 40.0% Selling Expense Administrative Total Expected Annual sales volume Tax rate Manufactures of candy have announced that they will increase prices of their products an average 15% in the coming year due to increases in raw materials (sugar, cocoa, peanuts, etc.) and labor costs. Doyle's Candy Company expects that all other costs will remain at the same rates or levels as the current year