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Q1/ A certain chemical engineering plant has an annual revenue of $ 700,000. The manufacturing cost was 45% of the total annual revenue. The sum of the fixed charges, overhead, equal to $180,000. What is the gross profit if the fixed charges were 130,000 $?

Q1/ A certain chemical engineering plant has an annual revenue of $ 700,000. The manufacturing cost was 45% of the total annual revenue. The sum of the fixed charges, overhead, equal to $180,000. What is the gross profit if the fixed charges were 130,000 $?

Introduction to Chemical Engineering Thermodynamics
Introduction to Chemical Engineering Thermodynamics
8th Edition
ISBN:9781259696527
Author:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Publisher:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Chapter1: Introduction
Section: Chapter Questions
Problem 1.1P
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Q1/ A certain chemical engineering plant has an annual revenue of $ 700,000. The manufacturing cost was 45% of the total annual revenue. The sum of the fixed charges, overhead, equal to $180,000. What is the gross profit if the fixed charges were 130,000 $?
Transcribed Image Text:Q1/ A certain chemical engineering plant has an annual revenue of $ 700,000. The manufacturing cost was 45% of the total annual revenue. The sum of the fixed charges, overhead, equal to $180,000. What is the gross profit if the fixed charges were 130,000 $?
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