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Automatic Transmissions, Inc., has the following estimates for its new gear assembly project: price = $1,140 per unit, variable cost = $360 per unit; fixed costs $4.87 million; quantity 77,000 units. Suppose the company believes all of its estimates are accurate only to within ±17 percent. What values should the company use for the four variables given here when it performs its best-case and worst-case scenario analysis? (Do not round intermediate calculations and enter your answers in dollars, not million, rounded to the nearest whole number, e.g., 1,234,567.) %3D %3D %3! %3D Scenario Unit Sales Unit Price Unit Variable Cost Fixed Costs Base case 77.000 2$ 1,140 $ 360 $ 4,870,000 Best case Worst case

Automatic Transmissions, Inc., has the following estimates for its new gear assembly project: price = $1,140 per unit, variable cost = $360 per unit; fixed costs $4.87 million; quantity 77,000 units. Suppose the company believes all of its estimates are accurate only to within ±17 percent. What values should the company use for the four variables given here when it performs its best-case and worst-case scenario analysis? (Do not round intermediate calculations and enter your answers in dollars, not million, rounded to the nearest whole number, e.g., 1,234,567.) %3D %3D %3! %3D Scenario Unit Sales Unit Price Unit Variable Cost Fixed Costs Base case 77.000 2$ 1,140 $ 360 $ 4,870,000 Best case Worst case

Essentials of Business Analytics (MindTap Course List)
Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter5: Probability: An Introduction To Modeling Uncertainty
Section: Chapter Questions
Problem 18P: The J.R. Ryland Computer Company is considering a plant expansion to enable the company to begin...
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Sve Automatic Transmissions, Inc., has the following estimates for its new gear assembly project: price = $1,140 per unit; variable cost = $360 per unit; fixed costs = $4.87 million; quantity = 77,000 units. Suppose the company believes all of its estimates are accurate only to within ±17 percent. What values should the company use for the four variables given here when it performs its best-case and worst-case scenario analysis? (Do not round intermediate calculations and enter your answers in dollars, not million, rounded to the nearest whole number, e.g., 1,234,567.) Scenario Unit Sales Unit Price Unit Variable Cost Fixed Costs Base case 77.000 24 1,140 $ 360 $ 4,870,000 Best case Worst case ( Prev 4 of 4 e here to search
Transcribed Image Text:Sve Automatic Transmissions, Inc., has the following estimates for its new gear assembly project: price = $1,140 per unit; variable cost = $360 per unit; fixed costs = $4.87 million; quantity = 77,000 units. Suppose the company believes all of its estimates are accurate only to within ±17 percent. What values should the company use for the four variables given here when it performs its best-case and worst-case scenario analysis? (Do not round intermediate calculations and enter your answers in dollars, not million, rounded to the nearest whole number, e.g., 1,234,567.) Scenario Unit Sales Unit Price Unit Variable Cost Fixed Costs Base case 77.000 24 1,140 $ 360 $ 4,870,000 Best case Worst case ( Prev 4 of 4 e here to search
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