Lopez Inc sells 400 watches at $59 per watch and has variable costs of $26 per watch and fixed costs of $4,000, what is the projected profit?
A) $4,000
B) $9,200
C) $7,248
D) $23,600
B
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Adding a desired profit level to breakeven computations will lower the number of sales units
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. Global sourcing is also known as outshoring. 2. The other methods of going global usually encompass global sourcing. 3. It is usually difficult for small businesses to go global, and they account for a small percentage of all exports. 4. In a strategic alliance, the two (or more) companies remain separate and independently controlled but share ownership and control of the new company they create. 5. Technology in communications and travel has clearly accelerated the speed of globalization of business.
ABC Corporation would like to evaluate three production processes (A, B, and C) to accommodate the changes in demand for its products. The fixed and variable costs per unit are tabled here. Determine the process to be selected when the production volume is 3,000 units.
A. Process A
B. Process B
C. Process C
D. cannot be determined