Suppose ZYZ company has the following information producing a product branded SPEEDY. The average cost (AC) for the first unit of SPEEDY is $1000. The price for the item is set at $400 per unit. The experience rate for SPEEDY is 85%. Fill in the blanks based on the experience curve pricing using the information above. Ignore the numbers after two (2) digits from the decimal point. Volume (X) AC Price TR TC Profit
Suppose ZYZ company has the following information producing a product branded SPEEDY.
The average cost (AC) for the first unit of SPEEDY is $1000.
The
The experience rate for SPEEDY is 85%.
Fill in the blanks based on the experience curve pricing using the information above. Ignore the numbers after two (2) digits from the decimal point.
Volume (X) AC Price TR TC Profit
1 1000 400 ________ _______ _______
2 _______ 400 ________ _______ _______
4 _______ 400 ________ ________ _______
64 _______ 400 ________ ________ _______
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