Hmm...this is difficult. The first thing I can think of is the relationship between age and time.
Answer:
To break even it must be molded 1280 handles weekly.
The profit if 1500 handles are produced and sold is $440
Step-by-step explanation:
To break even, the amount of total cost must be the same as the amount of revenues.
Total Cost is Fixed cost plus unitary variable cost multiplied by the produce quantity.
Total cost= FC + vc*Q
Where
FC=Fixed cost
vc=unitary variable cos
Q=produce quantity
Revenue= Price * Q
Break even FC + vc*Q=Price * Q
Isolating Q
FC=(Price * Q)-(vc*Q)
FC=(Price-vc) * Q
Q= FC/(Price-vc)
Q= $2560/($3.00-$1.00)=1280
If we sold 1500 handles
Profit = Revenue- Total cost =(Price * Q)-(FC + vc*Q)
P=$3.00 *1500-$2560 - $1.00*1500=
P=$4500-$2560-$1500=440
Answer:
$742
Step-by-step explanation:
To solve this, you need to figure out what 6% of 700 dollars is and then add that to 700. The easiest way to find the percentage of a number is to set it up in the equation:
6/100 = x/700 where 6 is the percentage of 700 (out of 100 because you can only get up to 100 percent in this case) and x is 6 percent of 700. when you cross multiply, you get 100x = 4200. Then you divide both sides by 100 to get x by itself. This will give you x = 42 Add this to 700 for 742 as the total amount that will be paid. Sorry if this first half was a little confusing
