Multiple Choice Questions

D 1, 2 and 4 8. Sales volumes are expected to be either 20,000 units with 60% probability or they are expected to be 25,000 units. Price will either be $10 (0.3 probability) or else $15. Margins are expected to be 30% or 40% of sales with an even chance of each. What is the expected total cost? A $103,950. B $193,050. C $297,000. D $105,000 ... ................
................