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 number of ants in his farm after 12 weeks is 218.
Step-by-step explanation:
Step 1:
It is given that there are 15 ants initially and the ant population increases by 25% each week.
This is an exponential rate of increase that can be modeled by the following equation:
Number of ants after n weeks = Initial number of ants *
Step 2:
Rate of increase = 25% = 25 / 100 = 0.25
Number of weeks = 12
Number of ants after 12 weeks = 15* = 218.27 (rounded off to 218)
Step 3:
Answer:
The number of ants in his farm after 12 weeks is 218.