Solve the Problem. -A Firm Is Considering a New Product. the Accounting Department

Multiple Choice

Solve the problem.
-A firm is considering a new product. The accounting department estimates that the total cost, C(x) , of produx units will beC(x) = 60x + 3,680.The sales department estimates that the revenue, R(x) , from selling x units will beR(x) = 70x,but that no more than 485 units can be sold at that price. Find and interpret (R -C) (485) .

A) $1,170 profit, income exceeds cost It is worth it to develop product.
B) -$1,170 loss, cost exceeds income It is not worth it to develop product.
C) $66,730 profit, income exceeds cost It is worth it to develop product.
D) $853 profit, income exceeds cost It is worth it to develop product.