Answer: the fixed costs per month is $14400
Step-by-step explanation:
Total cost = fixed cost + variable cost.
The tennis equipment manufacturer, has variable costs of $0.60 per unit of product. In August, the volume of production was 27,000 units. This means that the total variable cost from producing 27000 units is
27000 × 0.6 = 16200
If the total production costs incurred were $30,600, then the fixed costs per month would be
30600 = fixed cost + 16200
Fixed cost = 30600 - 16200
Fixed cost = $14400
His monthy payment will be $124.91
Hope this helps
Using something like desmos will give you the graphs.
The red graph is y = - 1/2 x +2
The blue graph is 6x + 3y = 6
The vertex is in the form (x, y).
The x value of the vertex is found using x = -b/2a.
After finding the x values, plug it into the given inequality to find the y value of the vertex.
Then express the vertex as a point in the form (x, y).
