Jerry Maguire is making two products Abra and Cadabra in its plant location in Smallville. The cost data for the products are listed below Selling Price Variable Cost O $128,000 O $230,000 O $142,500 Abra $60 $30 FIXED Cost / Quarter $30,000 The company made 4,500 units of Abra and 1,500 units of Cadabra respectively last quarter, what is the profit made? O $132,000 Cadabra $30 $25

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 9SQP
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Jerry Maguire is making two products Abra and Cadabra in its
plant location in Smallville. The cost data for the products are
listed below
Selling Price
Variable Cost
O $128,000
O $230,000
O $142,500
Abra
$60
$30
FIXED Cost / Quarter $30,000
The company made 4,500 units of Abra and 1,500 units of
Cadabra respectively last quarter, what is the profit made?
O $132,000
Cadabra
$30
$25
Transcribed Image Text:Jerry Maguire is making two products Abra and Cadabra in its plant location in Smallville. The cost data for the products are listed below Selling Price Variable Cost O $128,000 O $230,000 O $142,500 Abra $60 $30 FIXED Cost / Quarter $30,000 The company made 4,500 units of Abra and 1,500 units of Cadabra respectively last quarter, what is the profit made? O $132,000 Cadabra $30 $25
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