Friday, August 15, 2014

Company produces office chairs The price of the chairs is 99.75 and the variable cost per chair is 49.75 The following fixed costs are incurredestimate the profit when 1500 chairs produced?

Company produces office chairs The price of the chairs is 99.75 and the variable cost per chair is 49.75 The following fixed costs are incurredestimate the profit when 1500 chairs produced?
sales (1500/99.75) ___________________ $149625variable cost (1500/49.75______________ $68625profit margin $81000

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