What will be the companys budgeted profit

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Reference no: EM131188067

During 2014, Ephraim Corporation reported revenues of $891,640 and profits of $91,486. Fixed costs were $332,043 and 44,582 units were sold. If costs and prices are expected to stay the same in 2015, and Ephraim expects to sell 45,000 units, what will be the company’s budgeted profit? $95,457 $142,957 $525,000 $667,957

Reference no: EM131188067

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