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In 2019, total revenue for X Company was $2,021,500. Total costs were as follows: Direct materials Direct labor [all variable] Variable overhead Fixed overhead Variable
In 2019, total revenue for X Company was $2,021,500. Total costs were as follows: Direct materials Direct labor [all variable] Variable overhead Fixed overhead Variable selling and administration Fixed selling and administration $357,500 312,000 299,000 191,000 377,000 196,000 If total revenue in 2020 is expected to be $1,873,775, what are expected profits in 2020 [round the CM or CM rate to two decimal places]? OA: $148,061| OB: $185,077| OC: $231,346 D: $289,182 E: $361,478|| OF: $451,847
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