Management wants to explore the total profit using What If analysis with the data below. Fixed Cost = $10,000 Material cost per toy = $0.15 Labor cost per toy = $0.10 Electricity = $0.019 Vary the Revenue per toy from 0.60 to 1.10 by 0.05, and the labor cost from 0.08 to 0.16 by 0.01 When the quantity sold is 27,000 toys, what is the range of profits when the sales price is $0.70.

Answer rating: 100% (QA)

To determine the range of profits when the sales price is 070 and the quantity sold is 27000 toys we ... View the full answer