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Ocean Grove Vending Company has invested $1,210,000 in a plant to make vending machines. The target operating income desired from the plant is $242,000 annually.

Ocean Grove Vending Company has invested $1,210,000 in a plant to make vending machines. The target operating income desired from the plant is $242,000 annually. The company plans annual sales of 1,300 vending machines at a selling price of $900 each. What is the cost base of each vending machine for Ocean Grove Vending Company? OA. $900 OB. $1,031 OC. $931 OD. $714
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Ocean Grove Vending Company has invested $1,210,000 in a plant to make vending machines. The target operating income desired from the plant is $242,000 annually. The company plans annual sales of 1,300 vending machines at a selling price of $900 each What is the cost base of each vending machine for Ocean Grove Vending Company? A. $900 B. $1,031 C. $931 D. $714

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