SOLUTION: How many microwave ovens will the following manufacturing company need to sell in order to make a profit of $300,000 this year? Yearly fixed costs: $4
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Question 62404: How many microwave ovens will the following manufacturing company need to sell in order to make a profit of $300,000 this year? Yearly fixed costs: $400,000
Cost to make each microwave oven: $85
Selling price of each microwave oven: $199
You can put this solution on YOUR website! The extra profit made by selling each microwave is 199 - 85 = $114.
When the fixed costs are also taken into account the formula to find the actual profit is
If this is to generate a profit of 300 000 then Add 400 000 to each side of the equation Divide each side of the equation by 114
Microwaves = 6140.3
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