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  3. 2. a food manufacturing plant was established with

2. A food manufacturing plant was established with a total capital investment of $10,000,000. ...

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Accounting

2. A food manufacturing plant was established with a total capital investment of $10,000,000.
Break-even-point is achieved at 900,000 kg/year production rate. Annual fixed charge is $800,000 and independent of the production rate. All the other costs involved changes linearly with the production rate. The selling price of the product is $3.75/kg. The income tax rate is 30%. The full capacity of the plant is 1,800,000 kg/year. Calculate annual net profit after tax at full capacity.

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