SOLUTION: A shoe company will make a new type of shoe. The fixed cost for the production will be $24,000. The variable cost will be $38 per pair of shoes. The shoes will sell for $108 for ea
Algebra.Com
Question 373995: A shoe company will make a new type of shoe. The fixed cost for the production will be $24,000. The variable cost will be $38 per pair of shoes. The shoes will sell for $108 for each pair. What is the profit if 600 pairs are sold?
Answer by SadieKhan(31) (Show Source): You can put this solution on YOUR website!
profit= earning - fixed cost- variable cost
Profit = 600*108 - 24,000 - 600*38
Profit = 18000
RELATED QUESTIONS
A shoe company will make a new type of shoe. The fixed cost for the production will be... (answered by math_tutor2020)
Hey small publishing company is planning to publish a new book. The production costs will (answered by josmiceli)
The Paduka Shoe Company sells five different styles of ladies chappals with identical... (answered by ikleyn)
The Paduka Shoe Company sells five different styles of ladies chappals with identical... (answered by ikleyn)
A manufacturer sells a product at $8.80 per unit, selling all produced. The fixed cost is (answered by nerdybill)
An electronics firm is planning to market a new graphing calculator. The fixed costs are... (answered by Theo)
A fabrication company engaged in production with a capacity of 150, 000 pieces per year.... (answered by ankor@dixie-net.com)
1)A shoe manufacturer desires to obtain a mark-up of R185 per pair of shoes.If his... (answered by macston)
A small publishing company is planning to publish a new book. The production costs will... (answered by checkley71)