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Question 3 (8 points) Olivia Products Company produces two types of water filters. One attaches to the faucet and cleans all water that passes
Question 3 (8 points) Olivia Products Company produces two types of water filters. One attaches to the faucet and cleans all water that passes through the faucet. The other is a pitcher- cum-filter that only purifies water meant for drinking. The unit that attaches to the faucet is sold for $100 and has variable costs of $55. The pitcher-cum-filter sells for $130 and has variable costs of $70. Kamp sells 40% faucet models and 60% pitchers model. Fixed costs equal $1,600,000. How any units of Faucet model and Pitcher model, respectively, does Kamp need to sell in order to make $1,100,000 profit? Example of Answer: 4000,5000 (No space, decimal point, or $ sign)
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