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$1.00 FINANCIAL MANAGEMENT

  • From Business: General-Business
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  • Due on Aug. 14, 2011
  • Asked on Aug 14, 2011 at 1:31:07PM
Asked by :
NINIME
NINIME Not confirmed
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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

 

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  • Posted on Aug 14, 2011 at 1:58:28PM
Posted by :
V4ever85
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A:
Preview: ... 0000=1,710,000 At 100000: Contribution=31-14=17*100000=1,700,0 ...

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