Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. reconsider the example of choosing the advertising

Reconsider the example of choosing the advertising budget for the VRX2000 that is presented in...

50.1K

Verified Solution

Question

Accounting

Reconsider the example of choosing the advertising budget for the VRX2000 that is presented in Section 1.4. There it was determined that the optimal level of advertising spending was $135,392 leading to a profit of $77,425. Now suppose that the selling price, variable cost and/or fixed cost can fluctuate as stated below.
Click here for the Excel Data File
a. Re-solve the optimization model for the VRX2000 using a variable cost of $318, a selling price of $400, and fixed costs of $100,000. What are the optimal advertising budget and the resulting total profit?
b. Re-solve the optimization model for the VRX2000 using a variable cost of $278, a selling price of $400, and fixed costs of $100,000. What are the optimal advertising budget and the resulting total profit?
Complete this question by entering your answers in the tabs below.
Required A
Re-solve the optimization model for the VRX2000 using a variable cost of $318, a selling price of $400, and flxed costs of $100,000. What are the optimal advertising budget and the resulting total profit?
Note: Do not round Intermediate calculations. Round your answers to the nearest whole number.
\table[[Advertising budget,],[Total profit,]]
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Why doesn't having a gene variant associated with a particular illness or disorder guarantee a person will...

Biology
Q

In California, medical care costs for back injuries are 43 percent higher when part of a...

Civil Engineering
Q

For the following reaction,Ă‚ Ă‚ 9.45 grams ofĂ‚ Ă‚ nitrogen monoxide are allowed to react withĂ‚ Ă‚ 8.22 grams ofĂ‚ Ă‚ oxygen gas . nitrogen monoxide(g) +Ă‚ Ă‚ oxygen(g)Ă‚ Ă‚ Ă‚ nitrogen dioxide(g) What is...

Chemistry
Q

You’re lying on your couch watching The Walking Dead when you hear loud pounding at your...

Medical Sciences
Q

A famous painting was sold in 1945 for 21 930 In 1993 the painting was...

Calculus
Q

Graph the function f x 6 x in the standard viewing window of your calculator...

Calculus
Q

4 a Evaluate the following without the use of a calculator sin 1 c tan...

Algebra
Q

The optimum quick liquidity criterion is ?

Accounting
Q

Rank the products in order of their current pothablity from most pronitable to least profitable....

Accounting
Q

FIFO and LIFO costs under perpetual inventory system The following units of an item were...

Accounting
Q

. The following lists quality costs for Hank Incorporated. Required: In column (A), indicate whether...

Accounting
Q

Which of the following can be conducted as an alternative to a one-off dividend? ...

Finance