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Quality? Stores, Inc., sells several products. Information of average revenue and costs is as? follows: Selling...

Quality? Stores, Inc., sells several products. Information of average revenue and costs is as? follows: Selling price per unit ?$23 Variable costs per? unit: Direct material ?$6 Direct manufacturing labor ?$1.90 Manufacturing overhead ?$0.40 Selling costs ?$2 Annual fixed costs ?$96,000 The revenues that the company must earn annually to make a profit of? $144,000 are? ________. (Round the final answer to the nearest? dollar.)

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Answer #1

                                                                                                                  

Revenue = Sales-Cost

144000 = 23x-x (6+1.90+0.40+2)-96000

240000 = 20x-10.3x

240000 = 12.7x

x = 18897.6

Revenues = 18897.6*23 = $434645.66

    $434646

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