Answer:
in units: 18,900
in dollars: $ 41,013
Step-by-step explanation:
The break even point is the sales dollar amount or sales in unit at whichthe operating income of the firm equals to zero:
Where:
<em><u>Contribution margin:</u></em>
2.17 - 1.27 = 1 dollar per unit
Break even:
$18,900 fixed cost / $1 per unit = 18,900 units
Then, in sales:
18,900 x $2.17 each = 41.013
break even point:
The equation for Louis's purchase is:
The equation for Kate's purchase is:
The equation for Biff's purchase is:
Step-by-step explanation:
First of all we have to define variables for each item involved in the purchase
Let x represent burger
y represent soda
z be the slice of pizza
Then
"Louis bought a burger and soda for $8"
"Kate purchased a slice of pizza and soda for $9"
"Biff purchased a burger, a slice of pizza and a soda for $13.50"
The equation for Louis's purchase is:
The equation for Kate's purchase is:
The equation for Biff's purchase is:
Keywords: Linear Equations, Variables
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