Calico Joe Fabrics Sells a Single Product How Much Profit Will Calico Joe Fabrics Have If a Total

question 9

Multiple Choice

Calico Joe Fabrics sells a single product. The company estimates total fixed costs at $360,000 with demand and unit variable costs at various activity levels as follows:
$$\begin{array} {| c | c | c | } \hline \text { Units Demanded } & \text { Unit Price } & \text { Total Variable Costs } \\\hline 7,000 & \$ 31 & \$ 1,606,000 \\83,000 & 30 & 1,826,000 \\93,000 & 29 & 2,046,000 \\103,000 & 28 & 2,266,000 \\113,000 & 27 & 2,486,000\\\hline\end{array}$$
How much profit will Calico Joe Fabrics have if a price of $26 is charged and demand is 120,000?

• A) $120,000
• B) $3,120,000
• C) $480,000
• D) $2,760,000

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Definitions:

Decreased Preload

A reduction in the volume of blood returning to the heart before contraction, which can impact cardiac output and blood pressure.

Vasodilators

Medications or other agents that widen blood vessels, increasing blood flow and lowering blood pressure.

Atrial Fibrillation

A cardiac arrhythmia characterized by rapid, irregular beating of the atria, leading to poor blood flow and increased risk of stroke.

Heart Rate

The number of heartbeats per unit of time, typically expressed as beats per minute (bpm), indicating the heart's health and efficiency.