Solution-How many receivers must crest sell to earn a

How many receivers must crest sell to earn a monthly profit

Reference no: EM131802183

Question - Crest Industries sells a single model of satellite radio receivers for use in the home. The radios have the following price and cost characteristics:

Sales price $ 82 per radio

Variable costs $ 33 per radio

Fixed costs $ 347,900 per month

Crest is subject to an income tax rate of 40 percent.

How many receivers must Crest sell to earn a monthly operating profit of $85,260 after taxes?

Reference no: EM131802183

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How many receivers must crest sell to earn a monthly profit

Reference no: EM131802183

Reference no: EM131802183

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Accounting Basics Questions & Answers

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Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

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