Choco Corp manufactures boxes of chocolate candies. Its basic cost and profit information is summarized below:
Selling price per box: $6
Variable cost per box: $4
Fixed cost per month: $22,400
The company has the capacity to manufacture up to 100,000 boxes of its candy per year.
Determine the net income at a volume of 30% of capacity:
$4,545.55
$32,569.44
$37,600.00
$31,458.33
$4,556.33