A shoe company manufactures and sells a pair of shoes with the following cost and revenue data: Selling price Per Unit (AED) 76 Variable cost Per Unit (AED) 20 Total fixed expenses per month are as follows: Expenses types AED Advertising 284,128 Rent 90,000 Heating 80,000

A shoe company manufactures and sells a pair of shoes with the following cost and revenue data: Selling price Per Unit (AED) 76 Variable cost Per Unit (AED) 20 Total fixed expenses per month are as follows: Expenses types AED Advertising 284,128 Rent 90,000 Heating 80,000

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Fast please!!!

A shoe company manufactures and sells a pair of shoes with the following cost and revenue data:
Selling price Per Unit (AED)
76
Variable cost Per Unit (AED) 20
Total fixed expenses per month are as follows:
Expenses types
AED
Advertising
284,128
Rent
90,000
Heating
80,000
a. How many units would the company have to sell to have a profit of AED 150,000?

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