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 canoe

c(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 6 months ago 1799

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.)

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.)