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Question
JT Inc. produces gourmet frozen dinners for the airline industry. JT has fixed costs of $200,000 and variable costs of $8 per frozen dinner. The selling price per frozen dinner is $13 and JT plans to sell 150,000 frozen dinners this year. If JT sells the 150,000 frozen dinners they planned to sell what will JT's operating profit be this year?
a. $1,950,000
b. $1,750,000
c. $750,000
d. $550,000
e. $1,000,000
Answer
This answer is hidden. It contains 105 characters.
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