What is Wyndham's current total cost of making and selling $11$ million cans

of paint? What is the current cost per can of paint?

Assume that Wyndham is a price$-$taker and the current wholesale market

price is $$8\mathrm{.}70$ per can of paint. What is the target total of cost in producing

and selling $11$ million cans of paint? Given Wyndham's current total costs, will

the company reach stockholders' profit goals?

Continuing with Requirement $2,$ let's say that Wyndham has found ways to

reduce its total fixed costs by $$330,000.$ What is the target variable cost per

can of paint?

Suppose Wyndham plans to spend an additional $$1\mathrm{.}7$ million on advertising to

differentiate its product in order to increase sales volume to $11\mathrm{.}5$ million cans

and become more of a price$-$setter. Assume that Wyndham did reduce its

total fixed costs by $$330,000$ as stated in Requirement $3$ but could not find

ways to save on its variable costs. What is the cost$-$plus price for a can of

paint under these conditions?