P4-17 Fixed Assets and Capacity Usage [LO1]

Seaweed Mfg., Inc., is currently operating at only 82 percent of fixed asset capacity. Fixed assets are $380,700. Current sales are $470,000 and projected to grow to $647,683.

Required:

How much in new fixed assets are required to support this growth in sales? Assume the company maintains its current operating capacity. (Do not round your intermediate calculations.)

which of the following is the answer

$49,491

$143,923

$51,471

$47,016

$51,966