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Our company is trying to reduce our electricity consumption. We have been asked to analyze our denim jeans line by Revenue (from $24.99 to $36.99
Our company is trying to reduce our electricity consumption. We have been asked to analyze our denim jeans line by Revenue (from $24.99 to $36.99 by $1.00) and Electricity cost (from 0.15 to 0.28 by 0.01). Fixed Cost = $85,470 Material cost per pair = $7.44 Quantity = 25,000 Labor cost per pair = $14.88 If we price the jeans at $29.99, what is the maximum electricity cost so that our profits will exceed $100,000
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