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A Shoe retailer wants to add a new brand in his shoe outlet. When this new product will added an additional weekly payment of $5500 will be required. Variable cost is $5/product and selling price is $11/product. Find the operating profit generated if 2100 units are sold in a week? A)$12,600 B)$4,800 C) $6,800 D) $7,100

A Shoe retailer wants to add a new brand in his shoe outlet. When this new product will added an additional weekly payment of $5500 will be required. Variable cost is $5/product and selling price is $11/product. Find the operating profit generated if 2100 units are sold in a week? A)$12,600 B)$4,800 C) $6,800 D) $7,100

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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A Shoe retailer wants to add a new brand in his shoe outlet. When this new product will added an additional weekly payment of $5500 will be required. Variable cost is $5/product and selling price is $11/product. Find the operating profit generated if 2100 units are sold in a week? A)$12,600 B)$4,800 C) $6,800 D) $7,100
Transcribed Image Text:A Shoe retailer wants to add a new brand in his shoe outlet. When this new product will added an additional weekly payment of $5500 will be required. Variable cost is $5/product and selling price is $11/product. Find the operating profit generated if 2100 units are sold in a week? A)$12,600 B)$4,800 C) $6,800 D) $7,100
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