Below is the profit model spreadsheet for a shoe manufacturer in the month of January. 1)

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Home>Mathematics homework help>Numerical analysis homework help>Below is the profit model spreadsheet for a shoe manufacturer in the month of January. 1)

Below is the profit model spreadsheet for a shoe manufacturer in the month of January. 1) Calculate the revenue for units sold. 2) Calculate the variable cost of production. 3) Calculate the total profit

Profit Model for January

Cost in Dollars

Unit Price

49

Unit Cost

23

Fixed Cost for Production

350,000

Demand

40,000

 

 

Model

 

 

 

Unit Price

49

Quantity Sold

38,000

Revenue

 

 

 

Unit Cost

23

Quantity Produced

38,000

Variable Cost

 

Fixed Cost

300,000

 

 

Profit