Question Completion:
What is the total revenue?
Answer:
RCO Manufacturing
The total revenue from the three products is $61 million.
Explanation:
a) Data and Calculations:
Products Ultrabook PC Calculator
Current price $500 $800 $40
Units sold 10,000 20,000 1 million
Product revenue $5 million $16 million $40 million
Total revenue = $61 million ($5 + 16 + 40 million)
b) The total sales revenue is the gross revenue generated from all sales of goods or services by ROC Manufacturing. The figure is obtained by multiplying the current price of each product with the number of units sold, and then summing up the three product lines.
