A manufacturer of ovens sells them for $1,540 each. The variable costs are $940 per unit. The manufacturer's factory has annual fixed costs of $220,000. Given the expected sales volume of 3,000 units for this year, what will be this year's net income? Round to the nearest cent

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter7: Systems Of Equations And Inequalities
Section7.2: Systems Of Linear Equations: Three Variables
Problem 61SE: Last year, at Haven's Pond Car Dealership, for a particular model of BMW, Jeep, and Toyota, one...
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A manufacturer of ovens sells them for $1,540 each. The variable costs are $940
per unit. The manufacturer's factory has annual fixed costs of $220,000. Given
the expected sales volume of 3,000 units for this year, what will be this year's
net income?
Round to the nearest cent
Transcribed Image Text:A manufacturer of ovens sells them for $1,540 each. The variable costs are $940 per unit. The manufacturer's factory has annual fixed costs of $220,000. Given the expected sales volume of 3,000 units for this year, what will be this year's net income? Round to the nearest cent
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