1a. A candy maker sold 20 million bars last year for $1 each. It employed 200 employees earning $50K/yr. The total machine (capital) depreciation last year to make bars was $5M.) It also has overhead of $5M/year. Each bar that is sold requires 25 cents of ingredients. How much revenue did the company earn last year? (in millions of dollars. for example, if it's $40M, enter 40) *

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Answer:

The company earn revenue in last year is $20 million

Explanation:

For computing the revenue for the last year, the calculation is shown below:

Sales revenue = Sales units × per unit

                        = 20 million bars × $1

                        =$20 million

The remaining information like earning of employees, depreciation, overhead is irrelevant. Thus, it is ignored in the computation part.

Hence, the company earn revenue in last year is $20 million