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Question 3 of 4 A that manufactures monitors has fixed costs of $78,500 per annum. The company variable costs are 27% of sales and the profit is $64,500. When the selling price was reduced by 15%, the sales volume increased by 30%. a. What was the original sales revenue? $195,890.41 O Round to the nearest cent b. What were the original variable costs? $47,013.70 Round to the nearest cent c. What is the new sales revenue? 5216.458.90 O Round to the nearest cent d. What are the new variable costs? 508.443.00 3) Round to the nearest.cent e. What is the amount of change in net income? $144.016.00 (X) tound to the nearest cent Useanegative sign.terepresent.0

Question 3 of 4 A that manufactures monitors has fixed costs of $78,500 per annum. The company variable costs are 27% of sales and the profit is $64,500. When the selling price was reduced by 15%, the sales volume increased by 30%. a. What was the original sales revenue? $195,890.41 O Round to the nearest cent b. What were the original variable costs? $47,013.70 Round to the nearest cent c. What is the new sales revenue? 5216.458.90 O Round to the nearest cent d. What are the new variable costs? 508.443.00 3) Round to the nearest.cent e. What is the amount of change in net income? $144.016.00 (X) tound to the nearest cent Useanegative sign.terepresent.0

College Algebra
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter5: Systems Of Equations And Inequalities
Section: Chapter Questions
Problem 14P: Annual interest yield refer to problem 13 .suppose the investor decides to increase the maximum...
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Question 3 of4 A company that manufactures monitors has fixed costs of $78,500 per annum. The variable costs are 27% of sales and the profit is $64,500. When the selling price was reduced by 15%, the sales volume increased by 30%. a. What was the original sales revenue? $195,890.41 O Round to the nearest cent b. What were the original variable costs? $47,013.70 Round to the nearest cent c. What is the new sales revenue? $216.458.00 Round to the nearest cent d. What are the new variable costs? 508.443.00 (X) Round to the mearest cent e. What is the amount of change in net income? 3144.016.00/-03)
Transcribed Image Text:Question 3 of4 A company that manufactures monitors has fixed costs of $78,500 per annum. The variable costs are 27% of sales and the profit is $64,500. When the selling price was reduced by 15%, the sales volume increased by 30%. a. What was the original sales revenue? $195,890.41 O Round to the nearest cent b. What were the original variable costs? $47,013.70 Round to the nearest cent c. What is the new sales revenue? $216.458.00 Round to the nearest cent d. What are the new variable costs? 508.443.00 (X) Round to the mearest cent e. What is the amount of change in net income? 3144.016.00/-03)
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