Monday, July 11, 2011

Accounting problem, need help?

Kapalua, Inc. manufactures hand held planners. The selling price per unit is $355.00, with variable costs per unit of $91.50. The corporate tax rate is 35%. If Kapalua can sell 15,000 units and can earn an after-tax profit of $1,513,000, total fixed costs must be:

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