We are to solve for the price per unit. Let "x" be the price per unit.
The given values are the following:
Variable Cost = 1250,000 *x
Fixed Cost = $780,000
Net Profit = $650,000
Variable cost per unit = $19.85
The solution is shown below:
$650,000 = 1,250,000*x - $780,000 - $1,250,000*$19.85
x = $26, 242, 500 / 1,250,000 units
x = $20.994
The price per unit is $20.99 and the answer is letter "D".
Hey there! :)
Please keep in mind that slope-intercept form is : y=mx+b ; where m=slope, b=y-intercept
Using this, we can isolate y in our original given equation.
12x - y = 4
Start off by subtracting 12x from both sides.
-y = -12x + 4
Divide both sides by -1.
-y ÷ -1 = (-12x + 4) ÷ -1
Simplify!
y = 12x - 4
Therefore, using the slope-intercept form, we can come to the conclusion that because 12 is located in the "m" slot and "m=slope" then 12 is our slope. In addition, -4 is our y-intercept because it is located on the y position.
Slope = 12
Y-intercept = -4
<em>Hope I helped! :) </em>
Answer choice A. The function moves left 4 units, and 2 units up.
