Answer:
Break-even point in units= 20,000
Step-by-step explanation:
Giving the following information:
Selling price per unit= $29.99
Unitary variable cost= $14.25
Fixed costs= $314,800
<u>To calculate the break-even point in units, we need to use the following formula:</u>
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 314,800 / (29.99 - 14.25)
Break-even point in units= 20,000
The Answer to this solution is -14r
This problem can be solved using two equations:
The first represents the total trip, which is the miles driven in the morning added to those in the afternoon. Let's call the hours driven in the morning X and the hours driven in the afternoon Y. We get: X + Y = 248.
The second equation relates the miles driven in the morning compared to the afternoon. Since 70 fewer miles were driven in the morning than the afternoon, then X = Y - 70.
Now substitute the equation for morning hours (equation 2) into the total miles equation (equation 1). We get:
(Y - 70) + Y = 248
2Y - 70 = 248
2Y = 318
Y = 159
We know that Winston drove 159 miles in the afternoon.
To find the morning hours, just substitute 159 into the equation for morning hours (equation 2)
X = 159 - 70
X = 89
We now know that Winston drove 89 miles in the morning.
We can check our work by plugging both distances into the total distance equation: 89 + 159 = 248
