The Possum Transport Company produces bikes, skates, and mopeds. Mopeds are not as popular as they used to be, and the company is considering dropping this product. Possum currently sells 9,000 mopeds per year for $41 each. Variable manufacturing and selling costs total $27 per moped. Fixed costs of $129,000 can be avoided if mopeds are not produced. If Possum can increase the sales volume of mopeds to 15,000 per year by reducing its selling price to $31 per moped, calculate and enter the amount of profit or loss (show negative sign in front of input) if Possum continues its moped production  

Answer rating: 100% (QA)

Number of units 9000 Selling price per unit 41 Variable manufacturing an... View the full answer