Question: Q. A manufacturing form is considering three locations for a plant to produce a new product. The three locations have fixed and variable costs as
Q. A manufacturing form is considering three locations for a plant to produce a new product. The three locations have fixed and variable costs as follows location FC VC (per unit) Dallas $170000 $24 Atlanta $80000 $20 Phoenix $140000 $16 If annual demand is estimated to be 20000 units, what is the yearly profit? Assume products sold at an average price of $40 per unit.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
