What amount of total revenue would be needed to meet

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Hangers 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 $27,0000

Marginal tax rate 40%

Question 1: What amount of total revenue would be needed to meet an after-tax profit target of $48,000?

Group of answer choices

Option 1: $365,000

Option 2: $630,000

Option 3: $547,500

Option 4: $447,500

Reference no: EM132540984

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