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Category > Business & Finance Posted 25 May 2017 My Price 7.00

ABC makes only one type of product

ABC makes only one type of product , sells 10000 units and makes a loss of $10000. The variable cost per unit of the product is $8 and the fixed cost $30000. The company has estimated its sales demand as follows: Sales Units 0.1 0.15 0.20 0.30 0.25 Probability 10000 12000 14000 16000 18000 What is the probability that the company will continue to make loss. What is the probability that the company will make profit of at least $6000.

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Status NEW Posted 25 May 2017 08:05 AM My Price 7.00

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