Particulars of four types of walking shoes produced are stated below: -

Walking shoes	Type A	Type B	Type C	Type D
Selling price per unit	£55	£49	£68	£89
Contribution per unit	£28	£21	£36	£32

Assume the fixed costs remain the same and there is same demand level for each type of walking shoes. For maximising profit, which type of walking shoes should be produced?

Select one:

a.Type D

b.Type B

c.Type C

d.Type A

Answer rating: 100% (QA)

To maximize profit we should produce the type of walking shoes with the highest contribution ... View the full answer