Answer the questions below:
A proposal for implementing a new product line has an annual fixed cost of $60.000. variable cost of $35 per unit of output. and revenue (selling price) of $55 per unit of output.
Refer to the instruction above. What volume of output will be necessary for an annual profit of $60.0009
2,000 units
3.000 units
6.000 units
20,000 units
QUESTION:
1) This work space is provided for the quantitative problem above... you must show your work to recevie full credit, even if you "guess correctly" on the question above.
2) It is possible to receive some Partial Credit for the quantitative problem above, even if you miss the question... but you must show your work here In the space below. Use the blank essay space here to show your work associated with quantitative problem immediately above. Show any work or calculations including possibly cut-and-paste spreadsheet calculations, in the blank space provided.
3) You must show a reasonable amount of your work to receive full points for this question, which is worth several points by itself. If you "guess" at the problem above, without showing your work here, then you will not receive credit for this problem. It is possible to earn more than the listed points possible on this problem, given the nature of partial credit for the quantitative problem above.