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"if Washburn achieves the sales target of 2,000 units at the $349 retail price, what will its profit be?"

User Csperson
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1 Answer

25 votes
25 votes

Answer: $370,000

Step-by-step explanation:

Your question isn't complete as there were some further questions asked before getting to this question.

The profit from 2,000 units at $349 will be:

Profit = Total revenue – Total cost

Total revenue = (P x Q)

= $349 x 2000

= $698000

Total cost = [FC + (UVC x Q)]=

= [$38,000 + ($145 x 2,000)]

=$38000 + $290000

= $328000

Profit = Total revenue - Total cost

Profit = $698000 - $328000

Profit = $370000

User Intelekt
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