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
answer is 340,000 Please show the work in detail
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