Acme Corp has fixed has fixed overhead of $250,000 for its plant and salaries of...
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Accounting
Acme Corp has fixed has fixed overhead of $250,000 for its plant and salaries of $350,000. It sells high quality industrial values for $200 each, which is $40 more than its competitors. Variable productions costs are $140. Last year Acme sold 50,000 units. This year Acme sold 40,000 units. Total industry unit sales this year were 250,000. What is Acmes profit?
Group of answer choices
$1,800,000
$1,600,000
$1,400,000
$1,200,000
none of the above
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