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Miller Mfg. is analyzing a proposed project. The company expects to sell 11,000 units, plus or minus 4 percent. The expected variable cost per unit

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Miller Mfg. is analyzing a proposed project. The company expects to sell 11,000 units, plus or minus 4 percent. The expected variable cost per unit is $7.00 and the expected fixed cost is $35,000. The fixed and variable cos estimates are considered accurate within a plus or minus 4 percent range. The depreciation expense is $34,000. The tax rate is 34 percent. The sale price is estimated at $14.00 a unit, give or take 4 percent. What is the net income under the worst case scenario? Multiple Choice $-3,531.26 $-5.350.40 $-7.456.32 $-7169.54 $-7456.32

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