Complete the following table of basic calculations. For Percent Contribution Margin, use (P-MC)/P. Round to table...

 

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Complete the following table of basic calculations. For Percent Contribution Margin, use (P-MC)/P. Round to table standard. Price 18 17 16 15 14 13 j Quantity Demanded 600 a 800 900 1000 1100 1200 Total Revenue 10800 11900 12800 13500 14000 14300 14400 Marginal Variable Total Revenue Cost Cost 11 9 e 5 3 1 5210 6135 6700 7335 8060 8900 5710 6140 7200 7835 8560 9400 Average Variable Cost 8.68 8.06 7.67 7.44 f 7.33 7.42 Marginal Cost 4.30 4.95 5.65 6.35 h 8.40 Profit 5090 5760 6165 6300 6165 i 5000 Percent Contribution Margin 0.75 d 0.62 9 0.44 0.30 Complete the following table of basic calculations. For Percent Contribution Margin, use (P-MC)/P. Round to table standard. Price 18 17 16 15 14 13 j Quantity Demanded 600 a 800 900 1000 1100 1200 Total Revenue 10800 11900 12800 13500 14000 14300 14400 Marginal Variable Total Revenue Cost Cost 11 9 e 5 3 1 5210 6135 6700 7335 8060 8900 5710 6140 7200 7835 8560 9400 Average Variable Cost 8.68 8.06 7.67 7.44 f 7.33 7.42 Marginal Cost 4.30 4.95 5.65 6.35 h 8.40 Profit 5090 5760 6165 6300 6165 i 5000 Percent Contribution Margin 0.75 d 0.62 9 0.44 0.30

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To complete the table we need to calculate the missing values for each row Lets go through each row ... View the full answer