Question
$1.00 FINANCIAL MANAGEMENT
- From Business: General-Business
- Closed, but you can still post tutorials
- Due on Aug. 14, 2011
- Asked on Aug 14, 2011 at 1:31:07PM
Q:
Kappos Company sells a single product that has variable costs of $14 per unit. Fixed costs will remain constant across all levels of sales shown.
|
Units Sold |
Price per unit |
|
80,000 |
$35 |
|
90,000 |
$33 |
|
100,000 |
$31 |
|
110,000 |
$29 |
|
120,000 |
$27 |
What price should Kappos charge to maximize profits
A:
Preview: ... 0000=1,710,000
At 100000:
Contribution=31-14=17*100000=1,700,0 ...
The full tutorial is about 14 words long .