Answer to Question #147332 in Math for hussain

Question #147332
A Leading mobile phone manufacturer is about to introduce a new series, initially they are launching 4 models of the same series. The accompanying table summarizes price and variable costs data, combined fixed costs equal $540,000.
Models
Infinity A Pro Max Infinity A Pro Infinity A Infinity A Lite
Selling Price (in dollars) 500 400 340 220
Material Cost /unit (in dollars) 220 190 150 90
Labor Cost/unit (in dollars) 90 65 65 50
Table 1
a) Develop a joint total revenue function for sales of the four different models.
b) Develop an annual total cost function for manufacturing the four models.
c) Develop the profit function for sales of the four models.
d) Calculate the annual profit if the firm sells 9000, 12000, 45000 and 22000 units, respectively, of the four models?
1
Expert's answer
2020-11-27T07:57:48-0500
Dear hussain, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order

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