What is the anticipated profit at a price

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Question - Maker Sun Chairs is trying to determine the optimal price to charge for its galvanized deck chairs. The company has total fixed costs of $120,000 and the deck chairs have a unit variable cost of $27.00 per unit. Maker Sun Chairs has determined that the following relationships exist between price and demand:

Unit Price

Unit Demand

$45

7,200

$44

7,800

$43

8,400

$42

8,800

Required - What is the anticipated profit at a price of $42?

Reference no: EM133170474

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