Clyde,Inc.sells two products,X and Y.Clyde sells twice as much X as Y,and projects the sale of 57,000 units of X during the coming year.Product Y sells for three times as much as product X,which sells for $2.75 per unit.The estimated sales revenue for Clyde for the coming year is:

Question

Quizplus · Accepted Answer

Let's start by finding out how many units of product Y Clyde sells:

- X sells twice as much as Y, so if Clyde sells 57,000 units of X, they must sell 28,500 units of Y (57,000/2).
- We know that Y sells for three times as much as X, which sells for $2.75 per unit. Therefore, Y sells for 3*$2.75=$8.25 per unit.
- The revenue from selling X is 57,000*$2.75=$156,750.
- The revenue from selling Y is 28,500*$8.25=$234,375.
- The total revenue is the sum of the revenue from selling X and the revenue from selling Y: $156,750 + $234,375 = $391,875.

Therefore, the answer is C: $391,875.

Clyde,IncSells Two Products,X and Y