Southwest U's campus book store sells course packs for $17 each, the variable cost per pack is $7, fixed costs to produce the packs are $200,000, and expected annual sales are 43,000 packs. What are the pre-tax profits from sales of course packs?
Answer
a.
$218,500
b.
$257,600
c.
$232,300
d.
$223,100
e.
$230,000