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Framing House, Inc. produces and sells picture frames. Variable costs are expected to be $23 per frame; fixed costs for the year are expected to

Framing House, Inc. produces and sells picture frames. Variable costs are expected to be $23 per frame; fixed costs for the year are expected to total $210,000. The budgeted selling price is $31 per frame.

The sales dollars required by Framing House to make an after-tax profit (A) of $22,000, given an income tax rate, t, of 20 percent, would be (round intermediate calculation(s) to nearest whole number; round units up to nearest whole number):

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  • $911,503

  • $914,003

  • $917,753

  • $935,003

  • $920,328

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