Ask your own question, for FREE!
Mathematics 12 Online
OpenStudy (anonymous):

ind the total net profit for the estimated sales (value c in the table). Hint: Find the values for a or b first. Depending on how you calculate the profit, you will need one or the other. Round your answer to the nearest thousand dollars. Type your answer as a dollar amount, like this: $14,000

OpenStudy (anonymous):

OpenStudy (anonymous):

:)

OpenStudy (anonymous):

@arnoldcx

OpenStudy (anonymous):

@ayyookyndall

OpenStudy (anonymous):

@aryandecoolest

OpenStudy (anonymous):

i think we need to contribute contribution from total sales and variable cost. subtract fixed cost from the value , you will get total profit.

OpenStudy (anonymous):

calculation of contribution = total sales- variable cost profit= contribution- fixed cost

OpenStudy (anonymous):

hmmm

OpenStudy (anonymous):

Always remember few things : 1) cost per unit calculation is: =(Total fixed costs + Total variable costs) / Total units produced where Variable Costs = Variable Cost per Unit x Unit Sales.

OpenStudy (anonymous):

Also (2) To calculate profit, Sales = Variable Costs + Fixed Costs + Profits Now, evrything (data) is mentioned there in the problem. Substitute and get the answer @fani1996

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!