XYZ Corporation produced 300 units of output but sold only 255 of the units it produced.The average cost of production for each unit of output produced was $100.Each of the 255 units sold was sold for a price of $100.What would total revenue for XYZ Corporation be
A)-$2700
B)$2700
C)$21,125
D)$25,500

Question

Quizplus · Accepted Answer

Total revenue is calculated by multiplying the number of units sold by the price per unit. Therefore, 255 units sold at $100 each results in a total revenue of $25,500.

XYZ Corporation Produced 300 Units of Output but Sold Only