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The management of a firm wants to introduce a new product. The product will sell for $5 a unit. Total costs are as follows: TC

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The management of a firm wants to introduce a new product. The product will sell for $5 a unit. Total costs are as follows: TC = $4,800 + $3.250 One half of the fixed costs are non-cash (depreciation). All other expenses are for cash. If sales are 3,000 units, will cash receipts cover cash expenses? . Yes with a profit of $450 Yes with a profit of $3,750 O Yes with a profit of $1,850 Yes with a profit of $2,850

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