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engineering plant has an annual revenue of $ 700000. The direct production cost was 45% of the total annual revenue. The sum of the fixed charges, overhead, and general expenses equal to $180000. It was proposed to increase the annual sales by a factor of 40% with a 25 percent increase in fixed charges, overhead, and general expenses, what must be the new annual sales to achieve the same gross profit?

engineering plant has an annual revenue of $ 700000. The direct production cost was 45% of the total annual revenue. The sum of the fixed charges, overhead, and general expenses equal to $180000. It was proposed to increase the annual sales by a factor of 40% with a 25 percent increase in fixed charges, overhead, and general expenses, what must be the new annual sales to achieve the same gross profit?

Introduction to Chemical Engineering Thermodynamics
Introduction to Chemical Engineering Thermodynamics
8th Edition
ISBN:9781259696527
Author:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Publisher:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Chapter1: Introduction
Section: Chapter Questions
Problem 1.1P
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engineering plant has an annual revenue of $ 700000. The direct production cost was 45% of the total annual revenue. The sum of the fixed charges, overhead, and general expenses equal to $180000. It was proposed to increase the annual sales by a factor of 40% with a 25 percent increase in fixed charges, overhead, and general expenses, what must be the new annual sales to achieve the same gross profit?
Transcribed Image Text:engineering plant has an annual revenue of $ 700000. The direct production cost was 45% of the total annual revenue. The sum of the fixed charges, overhead, and general expenses equal to $180000. It was proposed to increase the annual sales by a factor of 40% with a 25 percent increase in fixed charges, overhead, and general expenses, what must be the new annual sales to achieve the same gross profit?
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