Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please add explanation with it. QUESTION 2 A company wants to have a monthly profit of 510,000. The company sells an average of 767 units

image text in transcribed

please add explanation with it.

QUESTION 2 A company wants to have a monthly profit of 510,000. The company sells an average of 767 units per month and their monthly costs are 514,720. If the cost to produce each unit is $14.97, then what selling price will they need to sell each unit for to achieve their desired profit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Developments In Entrepreneurial Finance And Technology

Authors: David B. Audretsch, Maksim Belitski, Nada Rejeb, Rosa Caiazza

1st Edition

1800884338,1800884346

More Books

Students also viewed these Finance questions

Question

Discuss the techniques of sales forecasting.

Answered: 1 week ago

Question

Write short notes on Marketing mix.

Answered: 1 week ago

Question

Analyse the process of new product of development.

Answered: 1 week ago