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Azucar Company produces a chocolate almond bar and a peanut butter bar. Information on the two products for the most recent year appears below: selling
Azucar Company produces a chocolate almond bar and a peanut butter bar. Information on the two products for the most recent year appears below: selling price per bar variable costs per bar number of bars sold chocolate almond $1.00 $0.75 750,000 bars peanut butter $0.50 $0.30 250,000 bars Fixed costs totaled $171,000. Azucar is considering investing in an advertising campaign that will double the sales volume of the peanut butter bar. It is the goal of the company to increase next year's profits by 60% over the most recent year's profits. Assume the sales of the chocolate almond bar will remain unchanged. Calculate the maximum amount that can be spent on the advertising campaign
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