During an economic slowdown, an automobile plant lost $12,000,000 on the production and sale of 9000 cars. Total revenue for the year was $270,000,000. If the break-even volume for the plant is 10,000 cars per year, calculate:
a) The plant's total fixed costs for a year.
b) The net income if unit sales for the year had been equal to the 5-year average of 12,000.

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The Answer of During an economic slowdown, an automobile plant lost $12,000,000 on the production and sale of 9000 cars. Total revenue for the year was $270,000,000. If the break-even volume for the plant is 10,000 cars per year, calculate:
a) The plant's total fixed costs for a year.
b) The net income if unit sales for the year had been equal to the 5-year average of 12,000.

During an Economic Slowdown, an Automobile Plant Lost $12,000,000 on the Production