It is April 15, and so far this month, we have sold $35,000 worth of merchandise. Our
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It is April 15, and so far this month, we have sold $35,000 worth of merchandise. Our quota is to sell $72,500 worth of units in April. If we charge a price p for our product, we will sell 800 – 4p units during the rest of the month. What price would enable us to meet our April revenue quota?
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Lets first find out how much more revenue we need to generate to meet our quota The quota is 72500 a...View the full answer
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Related Book For
Microsoft Excel Data Analysis And Business Modeling
ISBN: 9780137613663
7th Edition
Authors: Wayne Winston
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