Winnebagel Corporation currently sells 33,000 motor homes per year at $71,000 each, and 13,500 luxury motor coaches per year at $108,000 each. The company wants to introduce a new portable camper to fill out its product line; it hopes to sell 28,000 of these campers per year at $15,500 each. An independent consultant has determined that if Winnebagel introduces the new campers, it should boost the sales of its existing motor homes by 2,400 units per year and reduce the sales of its motor coaches by 1,100 units per year. What is the amount to use as the annual sales figure when evaluating this project? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Annual sales

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Winnebagel Corporation currently sells 33,000 motor homes per year at $71,000 each,
and 13,500 luxury motor coaches per year at $108,000 each. The company wants to
introduce a new portable camper to fill out its product line; it hopes to sell 28,000 of
these campers per year at $15,500 each. An independent consultant has determined
that if Winnebagel introduces the new campers, it should boost the sales of its existing
motor homes by 2,400 units per year and reduce the sales of its motor coaches by 1,100
units per year. What is the amount to use as the annual sales figure when evaluating this
project? (Do not round intermediate calculations and enter your answer in dollars, not
millions of dollars, e.g., 1,234,567.)
Annual sales
Transcribed Image Text:Winnebagel Corporation currently sells 33,000 motor homes per year at $71,000 each, and 13,500 luxury motor coaches per year at $108,000 each. The company wants to introduce a new portable camper to fill out its product line; it hopes to sell 28,000 of these campers per year at $15,500 each. An independent consultant has determined that if Winnebagel introduces the new campers, it should boost the sales of its existing motor homes by 2,400 units per year and reduce the sales of its motor coaches by 1,100 units per year. What is the amount to use as the annual sales figure when evaluating this project? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Annual sales
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