Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 4 Last year, Terrific Copying had total revenue of $475,000, while operating at 60% of capacity. The total of its variable cost is $150,000.

image text in transcribed

QUESTION 4 Last year, Terrific Copying had total revenue of $475,000, while operating at 60% of capacity. The total of its variable cost is $150,000. Fixed costs were $180,000. What is the expected revenue this year at full capacity? (round to the nearest dollar)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Make Money Like A Monster 2 Real Estate

Authors: Kaiju Cash

1st Edition

979-8853282469

More Books

Students also viewed these Finance questions