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. If the current selling price, variable costs, and fixed costs are the same as last year, what net income can be expected from revenue of $500 000 in the current year
A) $381 388
B) $394 737
C) $1 418 216
D) $1 184 210
E) $346 260

Question

Quizplus · Accepted Answer

The Answer of 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. If the current selling price, variable costs, and fixed costs are the same as last year, what net income can be expected from revenue of $500 000 in the current year
A) $381 388
B) $394 737
C) $1 418 216
D) $1 184 210
E) $346 260

Last Year, Terrific Copying Had Total Revenue of $475 000