Question
Gold corporation produces two separate types of widgets -advanced and standard. Cost and pricing info is presented below. Use the cost and price info to
Gold corporation produces two separate types of widgets -advanced and standard. Cost and pricing info is presented below. Use the cost and price info to complete the question. Sales price: standard 75 advanced 130 Variable costs per unit standard 42 advanced 68 Fixed costs for year 750,000 Now assume that gold Corp expects to sell 16000 standard widgets and 4000 advanced widgets during the year ( using for every 5 units sold 4 are standard and 1 is advanced cost structure). Finally assume a income tax rate of 30% and calculate the number of bundles which gold corporation would need to sell to achieve an after tax profit of 350,000. Make sure to show all work
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