The Fluffy Feather sells customized handbags. Currently, it sells 21,000 handbags annually at an average price of
Fantastic news! We've Found the answer you've been seeking!
Question:
The Fluffy Feather sells customized handbags. Currently, it sells 21,000 handbags annually at an average price of $94 each. It is considering adding a lower-priced line of handbags that sell for $47 each. The firm estimates it can sell 19,000 of the lower-priced handbags but will sell 2,000 less of the higher-priced handbags by doing so. The amount of the sales that should be used when evaluating the addition of the lower-priced handbags is $____________.
(Do not include the dollar sign ($). Round it to a whole dollar, e.g., $1,234,567.)
Related Book For
Operations and Supply Chain Management for the 21st Century
ISBN: 978-1111225292
1st edition
Authors: Ken Boyer, Rohit Verma
Posted Date: