Howe Hinges Co. manufactures and sells a single product. This product has the following operational data: Unit sales price $ 30
Variable manufacturing cost per unit 17
Fixed manufacturing costs 72,000
Variable selling cost per unit 1
Fixed selling costs 27,000
Marginal tax rate 40%
What amount of total revenue would be needed to meet an after-tax profit target of $48,000?
A)$365,000
B)$547,500
C)$630,000
D)$447,500

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The Answer of Howe Hinges Co. manufactures and sells a single product. This product has the following operational data: Unit sales price $ 30
Variable manufacturing cost per unit 17
Fixed manufacturing costs 72,000
Variable selling cost per unit 1
Fixed selling costs 27,000
Marginal tax rate 40%
What amount of total revenue would be needed to meet an after-tax profit target of $48,000?
A)$365,000
B)$547,500
C)$630,000
D)$447,500