The Possum Transport Company produces bikes, skates and mopeds. Mopeds are not as popular as...
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The Possum Transport Company produces bikes, skates and mopeds. Mopeds are not as popular as they used to be, and the company is considering dropping this product. Possum currently sells 9,000 mopeds per year for $41 each. Variable manufacturing and selling costs total $27 per moped. Fixed costs of $129,000 can be avoided if mopeds are not produced. If Possum can increase the sales volume of mopeds to 15,000 per year by reducing its selling price to $31 per moped, calculate and enter the amount of profit or loss (show negative sign in front of input) if Possum continue its moped production
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