Toby's Tiny Toys have fixed expenses of $53,900 for the production of their tiny toys. Toby's has a variable expense of $12.50 a
1 answer:
The total cost of the factory will be the sum of its variable costs and it's fixed costs. The factory has fixed costs of $53,900 and variable costs of $12.50 per unit produced. Let be the number of toy's produced by this Toby's Tiny Toys, then the total variable costs will be
. From this information we can gather that the cost function for this factory is,
On the other hand, if we let be the number of toys sold, we can gather that at the selling price of 16.50, the revenue function will be ,
Toby's Tiny Toys will reach their break even point when the total costs are equal to the total revenue. At this break even point ,we have that
The company has to sell 134 750 units to break even.
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The answer is -3 . Use the gradient formula y2-y1/x2-x1
To find the better buy divide 4.50 by 5 to find the unit rate for the 5-pound bag, and compare that number to $0. 80 per pound.
The cost price per pound is the amount of money required to buy one pound of a brand or goods.
To find the cost price per pound, divide the total amount of cost of the goods to the total number of goods.
At one farmer’s market, bananas cost $0.80 per pound.
At another farmer’s market, bananas are sold in 5-pound bags for $4. 50 per bag. To compare it with first market price, divide the 5 pound bags with $4.50.
The cost of one bag in this market is,
As this cost is less, thus, the cost of this market for one banana is less than the first market and so this is the better buy.
Hence, to find the better buy divide 4.50 by 5 to find the unit rate for the 5-pound bag, and compare that number to $0. 80 per pound.
Learn more about the cost price per pound here;
<h2>Hello!</h2>
The answer is:
It will take 4.5 hours for two bricklayers to lay a total of 3150 bricks.
<h2>Why?</h2>From the statement, we know that on Monday, bricklayers took 3 hours to lay a total of 4200 bricks.
So, we have that the rate of the four bricklayers is given by the following equation:
Therefore, we have that the rate of the four bricklayers is 1400 bricks per hour, meaning that each bricklayer can lay 350 bricks per hour.
Now, to calculate how many hours it will take to the 2 bricklayers to lay a total of 3150, we need to divide the calculated rate (for bricklayers) by two, since there are only 2 bricklayers working on Tuesday.
So, calculating the time, we have:
Hence, we have that it will take 4.5 hours for two bricklayers to lay a total of 3150 bricks.
Have a nice day!