A company sells lawnmowers for $895 each. The variable cost per lawnmower is $520. The company's monthly fixed costs are $84,500. Using the C-V-P equation, compute the amount of profit the company will have for a month in which the company sells 375 lawnmowers.
There are Q = 375 lawnmowers sold every month.
Total Sales = $895*375 = ...
This solution contains step-by-step calculations to determine the amount of profit the company for selling 375 lawnmowers using the profit equation.