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Author Question: Ocean Grove Vending Company has invested $980,000 in a plant to make vending machines. The target ... (Read 170 times)

nmorano1

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Ocean Grove Vending Company has invested $980,000 in a plant to make vending machines. The target operating income desired from the plant is $196,000 annually. The company plans annual sales of 1600 vending machines at a selling price of $1100 each.

What is the cost base of each vending machine for Ocean Grove Vending Company?
◦ $1100
◦ $1422
◦ $978
◦ $613


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Marked as best answer by nmorano1 on Mar 6, 2021

krakiolit

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nmorano1

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review


robbielu01

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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