Management of the ToysRUs company needs to decide whether to…

Management of the ToysRUs company needs to decide whether to introduce a certain novelty toy for the upcoming Christmas Season, after which it would be discontinued.  The total cost required to produce and market this toy would be $500,000 plus $15 per toy produced.  The company would receive a revenue of $35 for each toy sold. Complete the following table: Write an expression for the total cost Write an expression for the total revenue Write an expression for the total profit Use GOALSEEK to find the breakeven volume? If Toys R U are guaranteed a demand of 15000 toys, what is the minimum breakeven price to sell each toy; Round to 2 d.p.