Manufacturing operation can produce up to

Question

A small manufacturing operation can produce up to 430 units per week of a product that it’s sells for $38 per unit. The variable cost per unit is $31 and the fixed cost per week is $1400. Determine the firms weekly profit or loss of it sells 190 units per week

Answer 1

Cost = 31 * 190 + 1400

Gross Profit = 38 * 190

Calculate the difference between the cost and the gross profit to determine the net profit/loss.