Kevin works for a company which produces printers. A printer sells for $163. 95 and costs $48. 28 to produce. In one month, Kevin’s company sold 427 printers, earning a profit of 22,599. 9. How great were the company’s non-production overhead expenses, to the nearest dollar? a. $13,410 b. $20,616 c. $24,809 d. $26,792.

Respuesta :

The company's non-production overhead expenses is  $26,792.

The first step is to determine the net profit from selling the printers.

Profit = (selling price - cost price) x number of printers sold

(163.95 - $48.28) x 427

= 115.67 x 427

= $49,391.09

The second cost is to determine the difference between the profit calculated above and the profit given in the question:

$49,391.09 - 22,599. 9 = $26,792

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