Answer questions $5-7$ based on the given data.

The management of Madeira Computing is considering the introduction of a wearable electronic device with the functionality of a laptop computer and phone, The fixed cost to launch this new product is $$300,000.$ The variable cost for the product is expected to be between $$160$ and $$240,$ with a most likely value of $$200$ per unit. The product will sell for $$300$ per unit. Demand estimates for the product vary widely, ranging from $0$ to $20,000$ units, with $4,000$ units the most likely.

Compute profit for the base$-$case scenario.

Group of answer choices

Base$-$case Profit $=(300-200)$ x $4000-300,000=$ $$100,000$

Base$-$case Profit $=(300-240)$ x $4000=-$ $$60,000$

Base$-$case Profit $=(300-200)$ x $4000=$ $$400,000$

Base$-$case Profit $=(300-160)$ x $4000-300,000=$ $$260,000$

Base$-$case Profit $=(300-200)$ x $10000-300,000=$ $$700,000$

Question $6$

Compute profit for the worst$-$case scenario.

Group of answer choices

Worst$-$case Profit $=(300-240)$ x $0-300,000=-$ $$300,000$

Worst$-$case Profit $=(300-240)$ x $20000-300,000=$ $$900,000$

Worst$-$case Profit $=(300-200)$ x $0=$ $$0$

Worst$-$case Profit $=(300-240)$ x $4000-300,000=-$ $$60,000$

Worst$-$case Profit $=(300-240)$ x $10000-300,000=$ $$300,000$

Question $7$

Compute profit for the best$-$case scenario.

Group of answer choices

Best$-$case Profit $=(300-160)$ x $20000-300,000=$ $$2,500,000$

Best$-$case Profit $=(300-200)$ x $20000-300,000=$ $$1,700,000$

Best$-$case Profit $=(300-160)$ x $20000=$ $$2,800,000$

Best$-$case Profit $=(300-160)$ x $10000-300,000=$ $$1,100,000$

Best$-$case Profit $=(300-160)$ x $10000=$ $$1,400,000$