Bramble Corp. has a weighted-average unit contribution margin of $30 for its two productsStandard and Supreme. Expected sales for Bramble are 60000 Standard and 40000 Supreme.Fixed expenses are $1950000. At the expected sales level, Bramble's net income will beO $3000000.O$750000.O $(450000).$1050000.e Textbook and Media

Formula to compute the net income.

Answered: Bramble Corp. has a weighted-average…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Suppose the marginal cost and marginal revenue (in ¢000) for a product produced by a company is estimated to be MC=q+35 MR=560+22q-q^2 Where q is the quantity produced and the firm’s break-even is 5 units per week You are Required to I. determine the total cost and the total revenue function in terms of q. II. estimate the output at which profit is maximize III. calculate the maximum profit

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