Miller Mfg. is analyzing a proposed project. The company expects to sell 13,000 units, plus...
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Miller Mfg. is analyzing a proposed project. The company expects to sell 13,000 units, plus or minus 3 percent. The expected variable cost per unit is $7.00 and the expected fixed cost is $36,000. The fixed and variable cost estimates are considered accurate within a plus or minus 5 percent range. The depreciation expense is $31,000. The tax rate is 34 percent. The sale price is estimated at $14.00 a unit, give or take 4 percent What is the net income under the worst case scenario? Multiple Choice $10,713.17 $11,248,82 $7.99490 $5,27663 $11,034.56
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