Automatic Transmissions, Inc., has the following estimates for its new gear assembly project: price = $1,150 per unit; v
Posted: Tue Nov 16, 2021 8:23 am
Automatic Transmissions, Inc., has the following estimates for
its new gear assembly project: price = $1,150 per unit; variable
cost = $370 per unit; fixed costs = $4.88 million; quantity =
78,000 units. Suppose the company believes all of its estimates are
accurate only to within ±14 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.)
its new gear assembly project: price = $1,150 per unit; variable
cost = $370 per unit; fixed costs = $4.88 million; quantity =
78,000 units. Suppose the company believes all of its estimates are
accurate only to within ±14 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.)