Answer the following questions using the information below:
Thornton Company has invested $2,000,000 in a plant to make commercial juicer machines. The target operating income desired from the plant is $360,000 annually. The company plans annual sales of 7,000 juicer machines at a selling price of $400 each.
-What is the cost base of each juicer machine for Thornton Company?
A)$349
B)$324
C)$338
D)$304

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The Answer of Answer the following questions using the information below:
Thornton Company has invested $2,000,000 in a plant to make commercial juicer machines. The target operating income desired from the plant is $360,000 annually. The company plans annual sales of 7,000 juicer machines at a selling price of $400 each.
-What is the cost base of each juicer machine for Thornton Company?
A)$349
B)$324
C)$338
D)$304

Answer the Following Questions Using the Information Below