A manufacturer produces three products A, B and C which he sells in two markets. Annual sales volumes are indicated as follows: Market Products В I 4,000 18,000 20,000 II 12,000 5,000 3,000 (i) Find the total revenue in each market if sales price of A, B and C are 1.25 respectively. (ii) Also find the gross profit given the unit cost for A, B and C to be 0.80 respectively. 2, 1.50 and 1.80, 1.00 and

A manufacturer produces three products A, B and C which he sells in two markets. Annual sales volumes are indicated as follows: Market Products В I 4,000 18,000 20,000 II 12,000 5,000 3,000 (i) Find the total revenue in each market if sales price of A, B and C are 1.25 respectively. (ii) Also find the gross profit given the unit cost for A, B and C to be 0.80 respectively. 2, 1.50 and 1.80, 1.00 and

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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