The marketing manager of Ross Corporation has determined that a market exists for a telephone with a

Question:

The marketing manager of Ross has determined that a market exists for a telephone with a sales price of $19 per unit. The production manager estimates the annual fixed costs of producing between 40,000 and 80,000 telephones would be $344,000.
Required
Assume that Ross desires to earn a $116,000 profit from the phone sales. How much can Ross afford to spend on variable cost per unit if production and sales equal 46,000 phones?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...