Q8 Q22.) A company that manufactures small canoes has a fixed cost of $18,000. It costs $40 to produce each canoe. The selling price is $160 per canoe. (In solving this problem, let x represent the number of canoes produced and sold.)
Question
Answer:
A. fixed costs of 18,000 and then 40 per canoec(x) = 18000 +40x
B) sell price is 160 per canoe, so r(x) = 160x
C) break even, set both a and b equal to each other and solve for x
18000 + 40x = 160x
subtract 40x from each side:
1800 = 120x
divide both sides by 120
x = 18000 / 120 = 150 canoes
break even means the money coming in equals the money going out
solved
general
11 months ago
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