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Calculate the variable cost when the demand is given

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Reference no: EM133179256

Question - Use the data given below to answer Question

Unit Price ($) 60

Unit Cost ($) 45

Fixed Cost ($) 450,000

Demand 70,000

Quantity Produced 65,000

Required -

a) Calculate the total revenue when the quantity produced is 65,000, and the demand is 70,000.

b) Calculate the variable cost when the demand is 70,000 units.

c) Calculate the total cost when the demand is 60,000.

d) Calculate the total profit when the demand is 30,000.

e) Calculate the net profit when the demand is 75,000.

Reference no: EM133179256

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