A company sells lawnmowers for $895 each. The variable cost per lawnmower is $520. The company’s monthly fixed costs are $84,500. Using the C-V-P equation from question one, compute amount of profit if the company sold 375 lawnmowers.
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A company sells lawnmowers for $895 each. The variable cost per lawnmower is $520. The company’s monthly fixed costs are $84,500. Using the C-V-P equation from question one, compute amount of profit if the company sold 375 lawnmowers.
A company sells lawnmowers for $895 each. The variable cost per lawnmower is $520. The company's monthly fixed costs are $84,500. Using the C-V-P equation from question one, compute the amount of profit if the company sold 375 lawnmowers. (HINT: Variable costs are per lawnmower. Fixed costs are constant for the whole month.)
The company sells lawnmowers for $895 each. The variable cost per lawnmower is $520. The
company's monthly fixed costs are $84,500. Using the C-V-P equation, compute the amount
of profit the company will have for a month in which the company sells 375 lawnmowers.
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