A manufacturer produces three products, A, B, and C. The profits for each unit of A, B, and C sold are $1, $2, and $3, respectively. Fixed costs are $19,000 per year, and the costs of producing each unit of A, B, and C are $4, $5, and $7, respectively. Next year, a total of 11,000 units of all three products is to be produced and sold, and a total profit of $21,000 is to be realized. If total cost is to be $77,000, how many units of each of the products should be produced next year? units of product A, Junits of product B, and ☐ units of product C should be produced.
A manufacturer produces three products, A, B, and C. The profits for each unit of A, B, and C sold are $1, $2, and $3, respectively. Fixed costs are $19,000 per year, and the costs of producing each unit of A, B, and C are $4, $5, and $7, respectively. Next year, a total of 11,000 units of all three products is to be produced and sold, and a total profit of $21,000 is to be realized. If total cost is to be $77,000, how many units of each of the products should be produced next year? units of product A, Junits of product B, and ☐ units of product C should be produced.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![A manufacturer produces three products, A, B, and C. The profits for each unit of A, B, and C sold are $1, $2, and $3, respectively. Fixed costs are $19,000 per year, and the costs of producing each
unit of A, B, and C are $4, $5, and $7, respectively. Next year, a total of 11,000 units of all three products is to be produced and sold, and a total profit of $21,000 is to be realized. If total cost is to be
$77,000, how many units of each of the products should be produced next year?
units of product A,
Junits of product B, and ☐ units of product C should be produced.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbb1a4ba1-8620-4634-ba16-25978697b278%2F0a52bd83-dec8-4a87-bc66-35a61626cc6d%2Fvebmyu_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A manufacturer produces three products, A, B, and C. The profits for each unit of A, B, and C sold are $1, $2, and $3, respectively. Fixed costs are $19,000 per year, and the costs of producing each
unit of A, B, and C are $4, $5, and $7, respectively. Next year, a total of 11,000 units of all three products is to be produced and sold, and a total profit of $21,000 is to be realized. If total cost is to be
$77,000, how many units of each of the products should be produced next year?
units of product A,
Junits of product B, and ☐ units of product C should be produced.
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