Assignment task: Rutherford is a boot company that sells quality work boots.
They have forcasted selling 166,000 units next year.
Their variable cost to make the workboots is $22 per unit and they sell them for $79.
Fixed costs will be $979,000.
Complete the questions below: Show your calculations for full marks.
1. What will be their forecasted revenue?
2. What is their projected net profit?
3. What is their margin on the workboots?