Acme Corp has fixed has fixed overhead of $250,000 for its plant and salaries of $350,000. It sells high quality industrial values for $200 each, which is $40 more than its competitors. Variable productions costs are $140. Last year Acme sold 50,000 units. This year Acme sold 40,000 units. Total industry unit sales this year were 250,000. What is Acme's profit? O $1,800,000 O $1,600,000 O $1,400,000 O $1,200,000 none of the above

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
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Acme Corp has fixed has fixed overhead of $250,000 for its plant and
salaries of $350,000. It sells high quality industrial values for $200 each,
which is $40 more than its competitors. Variable productions costs are
$140. Last year Acme sold 50,000 units. This year Acme sold 40,000 units.
Total industry unit sales this year were
250,000. What is Acme's profit?
O $1,800,000
O $1,600,000
O $1,400,000
O $1,200,000
O none of the above
Transcribed Image Text:Acme Corp has fixed has fixed overhead of $250,000 for its plant and salaries of $350,000. It sells high quality industrial values for $200 each, which is $40 more than its competitors. Variable productions costs are $140. Last year Acme sold 50,000 units. This year Acme sold 40,000 units. Total industry unit sales this year were 250,000. What is Acme's profit? O $1,800,000 O $1,600,000 O $1,400,000 O $1,200,000 O none of the above
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