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In 2019, total revenue for X Company was $1,575,600. Total costs were as follows: Direct materials $228,800 Direct labor [all variable] 301,600 Variable overhead 234,000
In 2019, total revenue for X Company was $1,575,600. Total costs were as follows:
| Direct materials | $228,800 |
| Direct labor [all variable] | 301,600 |
| Variable overhead | 234,000 |
| Fixed overhead | 150,500 |
| Variable selling and administration | 208,000 |
| Fixed selling and administration | 191,500 |
If total revenue in 2020 is expected to be $1,465,308, what are expected profits in 2020?
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International Trade
Authors: John McLaren
1st edition
978-0470408797
