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Jacoby Sports Wear has designed a new athletic suit

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Question;23. Jacoby Sports Wear has designed a new athletic suit. The company plans to produce and sell 25,000 units of the new product in the coming year. Annual fixed costs are $700,000, and variable costs are 50% of selling price. If the company wants a pre-tax profit of $200,000, at what minimum price must it sell its product?A. 2,800,000B. 1,800,000C. 1,500,000D. 2,500,000

 

Paper#47736 | Written in 18-Jul-2015

Price : $22
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