1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vitek1552 [10]
3 years ago
15

A company is selling toothpicks. It costs $0.01 to produce each toothpick and a fixed cost of $60 a month for the company. If th

e company is selling toothpicks for $0.02 each, how many toothpicks must they sell a month in order to break-even?
Mathematics
1 answer:
Lapatulllka [165]3 years ago
6 0

Answer:

6,000 toothpicks

Step-by-step explanation:

In this question, we are trying to evaluate the number of toothpicks a company must sell to ensure that the money spent on production is exactly equal to revenue from sales.

What we do is this!

Let’s assign a variable to represent the number of tooth picks sold and produced by the company. Let us call this number x.

First, we evaluate the total amount spent on production of x toothpicks. From the question, we can see that the cost of producing a single toothpick is $0.01, hence, to produce x toothpicks, amount spent asides the fixed cost is $0.01 * x = $0.01x

Now, the total cost on production which includes the fixed cost of the company would be $(0.01x + 60). This is the total amount spent to produce the goods.

Now revenue from sales for x toothpicks at $0.02 each is $0.02x

Since we are looking to Breakeven, we equate the costs to the revenue.

0.01x + 60 = 0.02x

0.02x-0.01x = 60

0.01x = 60

x = 60/0.01 = 6,000 toothpicks

You might be interested in
What is the slope of the line in the graph? PLZ HELP ​
zaharov [31]

Answer:-3/4

Step-by-step explanation: Raises 3 units, goes to the left 4 units.

6 0
3 years ago
Read 2 more answers
Evaluate 8(a +b) when a = 5 and b = 11
algol13

Answer:

Hi there

your answer is 128

Step-by-step explanation:

8(5+11)

8 0
2 years ago
Read 2 more answers
If r = −6, s = −2, and t = −3 then evaluate –t(r – s).
nekit [7.7K]
3(-6+2)
3(-4)
12
;( the correct
8 0
3 years ago
Read 2 more answers
Your company gives you a cell phone plan which allows you 600 minutes to talk per month. So far this month, you have used 330 mi
Evgen [1.6K]
The answer is C) 10x + 330 ≤ 600. 
We use the ≤ since you are allowed to use the 600th minute.
When we subtract 330 from both sides, it makes a bit more sense
10x ≤ 270
270 is the number of minutes left your plan since you've already used 330, and you have 10 days left in the month. 
3 0
3 years ago
What is the value of x? ​
Alexandra [31]

Answer:

The value of x=27

Step-by-step explanation:

8 0
2 years ago
Read 2 more answers
Other questions:
  • Help from the pic plz I can't do it
    5·2 answers
  • Which function represents g(x), a reflection of f(x) =4(1/2)x across the x-axis?
    7·2 answers
  • Jweldedljwebcdbcbjcd,jdjdadnbcd.w.newb.jxjbdew
    7·1 answer
  • If a coin is tossed twice find the probability of getting a) 2 heads b) atleast 1 head c) no heads
    14·2 answers
  • How much of salt would you get if you evaporate all water from 20g of a 17% salt solution?
    14·1 answer
  • Algebra 2
    10·1 answer
  • You work in a department store and sell a dress that is on sale for $58.80. If the regular price of the dress is $98, what is th
    13·2 answers
  • According to the table in which month did the size of Bertrand's poster collection change the most? Use absolute value to explai
    11·1 answer
  • Can somebody explain and help?
    14·2 answers
  • Aiden brought chocolate and vanilla cupcakes to school for his birthday. 12 students picked a vanilla cupcake and 88 students pi
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!