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PLEASE ANSWER ALL PARTS AND EXPLAIN. WILL LIKE. THANK YOU Radar Company sells bikes for $470 each. The company currently sells 3,550 bikes per year
PLEASE ANSWER ALL PARTS AND EXPLAIN. WILL LIKE. THANK YOU
Radar Company sells bikes for $470 each. The company currently sells 3,550 bikes per year and could make as many as 5,000 bikes per year. The bikes cost $230 each to make: $200 in variable costs per bike and $30 of fixed costs per bike. Radar received an offer from a potential customer who wants to buy 950 bikes for $420 each. Incremental fixed costs to make this order are $42,000. No other costs will change if this order is accepted. Compute Radar's additional income (ignore taxes) if it accepts this orderStep by Step Solution
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