Company fixed cost = $10 million = $10,000,000
Variable cost per pair = $5
Company charges each pair = $15
Hence the company makes $10 profit per pair
regardless the company fixed cost and only considering the variable cost.
Let subtract the variable cost per pair from the
company charging each pair = 15 - 5 = $10
Thus the company now makes $10 per pair, and it has
to sell 1,000,000 pairs of gloves to reach the break-even point. The break-even
point refers to the point where total cost and revenue are equal.
<span>Thus for 1,000,000 pairs, the company total earning =
10 x 1,000,000 = $10,000,000 = $10 million </span>
3/4, 7/6, 11/12
Comment if you need an explanation as to why :)
Answer:
D 15
Step-by-step explanation:
5x when x=3
=5×3
=15
-- 100% of the original number is ALL of it.
-- If it's increased by that amount, it becomes DOUBLE
(twice as much as) what it was originally.
Answer:
1/2
Step-by-step explanation:
Divide the denominator in half
10/2 = 5
4 is close to 5 so 4/10 is close to 1/2
