You want to establish your own business and are thinking about releasing a new product. Customers will pay P200 for it, according to market research, and your sales team believes they can sell at least 1,000 units every month. The payment for P1,800,000 equipment you'll need to make the product will be spread out over three ye (monthly). Costs of producing the product are direct labor P20, direct materials P15, shipping P5 and sales

You want to establish your own business and are thinking about releasing a new product. Customers will pay P200 for it, according to market research, and your sales team believes they can sell at least 1,000 units every month. The payment for P1,800,000 equipment you'll need to make the product will be spread out over three ye (monthly). Costs of producing the product are direct labor P20, direct materials P15, shipping P5 and sales

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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