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Title: Citizen sells a watch for $35 at a variable cost of $15 per unit and fixed cost of $1 million per ... Post by: Lada on Nov 26, 2017 Citizen sells a watch for $35 at a variable cost of $15 per unit and fixed cost of $1 million per annum. Recent recession has seen jump in material cost by $7. What is the change in profit due to recession if Citizen produces and sells 100 000 watches in a year?
A) $1 000 000 decrease B) $700 000 decrease C) $300 000 decrease D) $800 000 increase E) $1 800 000 increase Title: Re: Citizen sells a watch for $35 at a variable cost of $15 per unit and fixed cost of $1 million ... Post by: Axy on Nov 26, 2017 Content hidden
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