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Ryan Corporation has the following information relating to its manufacturing and selling of cakes: Average current selling price: $14.00 Average variable cost of cakes: $6.00
Ryan Corporation has the following information relating to its manufacturing and selling of cakes: Average current selling price: $14.00 Average variable cost of cakes: $6.00 Fixed yearly costs: $240,000 The income tax rate is 35% If Ryan Corporation wanted to make a net income after tax of $100,000, how many cakes would they have to produce and sell? 1 point 49,231 cakes 45,333 cakes 54,443 cakes 57,300 cakes
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