Thursday Dec 5, 2013.
La Ferrari at $1.4 Million is the most expensive ever produced. But only 499 will be made, with 120 slated 
for the US. Too late, they are already sold. The ultra rich are collecting these as investments, the prices of older Ferrari super cars are appreciating.
Ferrari is faced with other supercar competition like Bugattil. And so they want to limit production to make the cars more not less exclusive. Here is an interesting example of managerial accounting in action. Oh, on sales of $2.3 billion Ferrari netted $50 Million. They bring in a lot of money through accessory sales such as hats, watches, and other logo branded stuff.
Professor Elam 
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