A manufacturer of ovens sells them for $1,510.00 each. The variable costs are $1,030.00 per unit. The manufacturer's factory has annual fixed costs of $2,130,000.00. Given the expected sales volume of 3,600 units for this year, what will be this year's net income? Round to two decimal places
A manufacturer of ovens sells them for $1,510.00 each. The variable costs are $1,030.00 per unit. The manufacturer's factory has annual fixed costs of $2,130,000.00. Given the expected sales volume of 3,600 units for this year, what will be this year's net income? Round to two decimal places
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
Question
A manufacturer of ovens sells them for $1,510.00 each. The variable costs are $1,030.00 per unit. The manufacturer's factory has annual fixed costs of $2,130,000.00.
Given the expected sales volume of 3,600 units for this year, what will be this year's net income?
Round to two decimal places
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