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Rimier corp. forecast sales of $647,000 for 2020. assume the firm has a fixed cost of $248,000 in a variable cost amounting to 31% of

Rimier corp. forecast sales of $647,000 for 2020. assume the firm has a fixed cost of $248,000 in a variable cost amounting to 31% of sales. Operating expenses are estimated to include the fixed cost of $29,000 and a variable portion equal to 8.4% of sales. Interest expenses for the coming year are estimated to be $21,000. Estimate net profits before taxes for 2020.
sales revenue?
fixed costs?
variable cost?
Gross profits?
fixed expense?
variable expenses?
operating profit?
less interest expense all fixed?
net profits before taxes?

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