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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
Answer:
m = -3/5
Step-by-step explanation:
-5m = 3
Divide each side by -5
-5m/-5 = 3/-5
m = -3/5
Answer:
144
Step-by-step explanation:
The sequence is:
0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597, 2584, 4181, 6765, 10946
so you can see the first term larger than 120 is the 144.
