11. Lulu hypermarket sells three brands (A, B, and C) of laptop computers. The monthly sales of the three brands are: Brand A = 15 units; Brand B = 9 units and Brand C = 12 units. The unit price of brand A is R.O. 300; brand B is R.O. 280 and brand C is R.O. 200. The cost to the Stores is 280 R.O. for brand A; 260 R.O. for brand B, and 180 R.O for brand C. Let Q = [159 12] ; P = [300 280 200]; C = [280 260 180] Using the above matrices, calculate the following: (a). Calculate total revenue (b). Calculate total cost (c). Calculate the monthly profit.
11. Lulu hypermarket sells three brands (A, B, and C) of laptop computers. The monthly sales of the three brands are: Brand A = 15 units; Brand B = 9 units and Brand C = 12 units. The unit price of brand A is R.O. 300; brand B is R.O. 280 and brand C is R.O. 200. The cost to the Stores is 280 R.O. for brand A; 260 R.O. for brand B, and 180 R.O for brand C. Let Q = [159 12] ; P = [300 280 200]; C = [280 260 180] Using the above matrices, calculate the following: (a). Calculate total revenue (b). Calculate total cost (c). Calculate the monthly profit.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![11. Lulu hypermarket sells three brands (A, B, and C) of laptop computers. The monthly sales
of the three brands are: Brand A = 15 units; Brand B = 9 units and Brand C = 12 units. The
unit price of brand A is R.O. 300; brand B is R.O. 280 and brand C is R.O. 200. The cost to the
Stores is 280 R.O. for brand A; 260 R.O. for brand B, and 180 R.O for brand C. Let
Q = [15 9 12] ; P = [300 280 200]; C = [280 260 180 ]
Using the above matrices, calculate the following:
(a). Calculate total revenue
(b). Calculate total cost
(c). Calculate the monthly profit.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F68d99976-ab53-45ab-9afc-bd88a262c6fa%2F1360ed8e-4e32-4bc6-bb0e-80050bf69218%2Fqgbsyyi_processed.jpeg&w=3840&q=75)
Transcribed Image Text:11. Lulu hypermarket sells three brands (A, B, and C) of laptop computers. The monthly sales
of the three brands are: Brand A = 15 units; Brand B = 9 units and Brand C = 12 units. The
unit price of brand A is R.O. 300; brand B is R.O. 280 and brand C is R.O. 200. The cost to the
Stores is 280 R.O. for brand A; 260 R.O. for brand B, and 180 R.O for brand C. Let
Q = [15 9 12] ; P = [300 280 200]; C = [280 260 180 ]
Using the above matrices, calculate the following:
(a). Calculate total revenue
(b). Calculate total cost
(c). Calculate the monthly profit.
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