A company that manufactures monitors has fixed costs of $78,000 per annum. The variable costs are 34% of sales and the profit is $56,000. When the selling price was reduced by 15%, the sales volume increased by 25%. a. What was the original sales revenue? $203,030.00 O Round to the nearest cent b. What were the original variable costs? $69,030.00 Round to the nearest cent c. What is the new sales revenue? $215.719.00 Round to the nearest cent d. What are the new variable costs? $73.344.48 (x) Round to the nearest cenE e. What is the amount of change in net income?

A company that manufactures monitors has fixed costs of $78,000 per annum. The variable costs are 34% of sales and the profit is $56,000. When the selling price was reduced by 15%, the sales volume increased by 25%. a. What was the original sales revenue? $203,030.00 O Round to the nearest cent b. What were the original variable costs? $69,030.00 Round to the nearest cent c. What is the new sales revenue? $215.719.00 Round to the nearest cent d. What are the new variable costs? $73.344.48 (x) Round to the nearest cenE e. What is the amount of change in net income?

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter12: Sequences, Series And Binomial Theorem

Section12.3: Geometric Sequences And Series

Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...

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