Question
Olin Transmissions, Inc., has the following estimates for its new gear assembly project: price = $164 per unit; variable costs = $27 per unit; fixed
Olin Transmissions, Inc., has the following estimates for its new gear assembly project: price = $164 per unit; variable costs = $27 per unit; fixed costs = $39069; quantity = 6999 units. Suppose the company believes all of its estimates are accurate only within +/-11 percent. What is the company's EBIT when it performs its worst-case scenario analysis?
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Mathematics For Business
Authors: Stanley A Salzman, Charles D Miller, Gary Clendenen
8th Edition
0321357434, 9780321357434
