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Question
In 2010, Sunny Electronics expects to sell 100,000 3-D television sets for an average price of $1,000. Expected production costs are $600 per unit. In 2011, volume is expected to increase by 10%, Inflation will increase the cost per unit by 3%, but to attract more buyers, Sunny will reduce the price by 5%. In real dollars, expected gross profit for 2011 is:A) $45.32 million.
B) $40 million.
C) $38 million.
D) $36.52 million.
Answer
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