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What is the total sales revenue that amc must earn to do so

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Reference no: EM132719635

Alex Mogilny Company (AMC), manufactures and sells a single generic product in the pharmaceutical industry. Information on that product (on a per unit basis) is provided here:

Sales price per unit $24.50
Variable costs per unit:
Direct material $6.50
Direct manufacturing labour $1.55
Manufacturing overhead $0.27
Sales commission $0.65

Annual fixed costs (in total) $79,000

Problem 1: If AMC wishes to make a profit of $98,500, what is the total sales revenue that AMC must earn to do so?

Reference no: EM132719635

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