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this is ONE question. my teacher just put it as 1,2,3 lol PLEEEAAASSSEEE SHOW YOUR WORK (9) XYZ Company is considering for expanding its new
this is ONE question. my teacher just put it as 1,2,3 lol
PLEEEAAASSSEEE SHOW YOUR WORK
(9) XYZ Company is considering for expanding its new plant. Its favorable sites for expansion are Greenwood, Indianola and Greenville. The company has to select one of these sites given the following information: (1) The company is expecting to sell 3000 units per year. (2) Fixed costs per year at Greenwood, Indianola and Greenville are $50,000, $80,000 and $120,000; and variable costs are $60, $100 and $80 per unit respectively. (3) The expected selling price for each unit $150. Based on expected profit of each location, which site will be selected for plant expansion? (Show all your work)Step by Step Solution
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