How much can jordan afford to spend on variable cost

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Question: The marketing manager of Jordan Corporation has determined that a market exists for a telephone with a sales price of $22 per unit. The production manager estimates the annual fixed costs of producing between 41,100 and 80,700 telephones would be $304,600.

Required Assume that Jordan desires to earn a $122,000 profit from the phone sales. How much can Jordan afford to spend on variable cost per unit if production and sales equal 47,400 phones?

Reference no: EM133382637

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