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answer please! National Chemical Company manufactures a chemical compound that is sold for $55 per gallon. A new variant of the chemical has been discovered,
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National Chemical Company manufactures a chemical compound that is sold for $55 per gallon. A new variant of the chemical has been discovered, and if the basic compound were processed into the new variant, the selling price would be $79 per gallon. Nationai expects the market for the new compound variant to be 8,800 gallons initially and determines that processing costs to refine the basi compound into the new variant would be $149,600 Required: a. What would be the effect on total profit if National produces the new compound variant? b. Should National produce the new compound variant? Complete this question by entering your answers in the tabs below. What would be the effect on total profit if National produces the new compound variant? National Chemical Company manufactures a chemical compound that is sold for $55 per gallon. A new variant of the chemical has been discovered, and if the basic compound were processed into the new variant, the selling price would be $79 per gallon. Natione expects the market for the new compound variant to be 8,800 gallons initially and determines that processing costs to refine the bas compound into the new variant would be $149,600. Required: a. What would be the effect on total profit if National produces the new compound variant? b. Should National produce the new compound variant? Complete this question by entering your answers in the tabs below. Should National produce the new compound variant? Should National produce the new compound variant Step by Step Solution
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