Question

A camera manufacturer spends $2900 each day for overhead expenses plus $6 per camera for labor and materials. the cameras sell for $11each. a) how many cameras must the company sell in one day to equal its daily costs ? b) if the manufacturer can increase production by 50 cameras per day, what would their daily profit be?

Answer 1

The company needs to sell at least 580 cameras to cover the expenses, if they increased there sales by 50 cameras per day they would make a $250 profit.