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 |
|