The Managers Of Poncho Parts Inc Plan To Manufacture Engine Blocks For Classic Cars From The 1960’S Era

TheySales ($2000 * 350)
S
700,000.00
Less: Labor and material cost ($750 *350)
S
262,500.00
Less: Fixed costs
S
150,000.00
Less: Depreciation ($750,000 / 5)
S
150,000.00
Income before tax
S
137,500.00…Financial Accounting