Question
Automatic Transmissions, Inc., has the following estimates forits new gear assembly project: price = $1,190 per unit; variable cost = $410 per unit; fixed costs
Automatic Transmissions, Inc., has the following estimates forits new gear assembly project: price = $1,190 per unit; variable cost = $410 per unit; fixed costs = $4.92 million; quantity =82,000 units. Suppose the company believes all of its estimates are accurate only to within 20 percent.
What values should the company use for the four variables given here when it performs its best-case and worst-case scenario analysis? (Do not round intermediate calculations. Enter your answers in dollars, not millions of dollars. Round your answers to the nearest whole dollar amount (e.g.,1,234,567).)
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