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question: What will be the Total Income that will allow the company to recover the total costs and obtain the aforementioned profit? info: The plant
question: What will be the Total Income that will allow the company to recover the total costs and obtain the aforementioned profit?
info: The plant capacity is 55,000 units. The variable cost per unit (Variable Cost) is $ 17. The profit obtained on each unit sold (Unit Contribution Margin) is $ 22, the sale price is $ 40. Total Fixed Cost is $ 550,000. The tax rate (Tax Rate) 15%. Desired Profit is $ 85,000. Total income $$ 1,494,120 Net income $ 561,000
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