Automatic Transmissions, Inc., has the following estimates for its new gear assembly project: price = $1,140 per unit, variable cost = $360 per unit; fixed costs $4.87 million; quantity 77,000 units. Suppose the company believes all of its estimates are accurate only to within ±17 percent. What values should the company use for the four variables given here when it performs its best-case and worst-case scenario analysis? (Do not round intermediate calculations and enter your answers in dollars, not million, rounded to the nearest whole number, e.g., 1,234,567.) %3D %3D %3! %3D Scenario Unit Sales Unit Price Unit Variable Cost Fixed Costs Base case 77.000 2$ 1,140 $ 360 $ 4,870,000 Best case Worst case

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Automatic Transmissions, Inc., has the following estimates for its new gear assembly
project: price = $1,140 per unit; variable cost = $360 per unit; fixed costs = $4.87 million;
quantity = 77,000 units. Suppose the company believes all of its estimates are accurate
only to within ±17 percent. What values should the company use for the four variables
given here when it performs its best-case and worst-case scenario analysis? (Do not
round intermediate calculations and enter your answers in dollars, not million,
rounded to the nearest whole number, e.g., 1,234,567.)
Scenario
Unit Sales
Unit Price
Unit Variable Cost
Fixed Costs
Base case
77.000
24
1,140 $
360
$ 4,870,000
Best case
Worst case
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4 of 4
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Transcribed Image Text:Sve Automatic Transmissions, Inc., has the following estimates for its new gear assembly project: price = $1,140 per unit; variable cost = $360 per unit; fixed costs = $4.87 million; quantity = 77,000 units. Suppose the company believes all of its estimates are accurate only to within ±17 percent. What values should the company use for the four variables given here when it performs its best-case and worst-case scenario analysis? (Do not round intermediate calculations and enter your answers in dollars, not million, rounded to the nearest whole number, e.g., 1,234,567.) Scenario Unit Sales Unit Price Unit Variable Cost Fixed Costs Base case 77.000 24 1,140 $ 360 $ 4,870,000 Best case Worst case ( Prev 4 of 4 e here to search
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