Multiple Choice
Capri Incorporated has annual fixed costs totaling $3,000,000 and variable costs of $450 per unit.Each unit of product is sold for $850.Assume a tax rate of 30 percent.How many sales dollars are required to earn an annual profit of $210,000 after taxes?
A) $3,898,100
B) $7,012,500
C) $7,862,500
D) $6,821,250
E) None of the answer choices is correct.
Correct Answer:
Verified
Correct Answer:
Verified
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