Answer:
Number of wooden carving = a
Total amount Sam spend = 1,200 + 4a
Total revenue of Sam = 15a
Number of wooden carving make to earn profit $4,300 = 500 carvings
Step-by-step explanation:
Given:
Sales price of each wooden carving = $15
Fixed cost = $1,200
Variable cost = $4 for each
Find:
Number of wooden carving make to earn profit $4,300
Computation:
Part 1
Assume
Number of wooden carving = a
Part 2
Total amount Sam spend = 1,200 + 4a
Part 3
Total revenue of Sam = 15a
Part 4
Total profit of Sam = Total revenue of Sam - Total cost of Sam
4,300 = 15a - [1,200 + 4a]
4,300 = 15a - 1,200 - 4a
11a = 5,500
a = 5,500 / 11
Number of wooden carving make to earn profit $4,300 = 500 carvings
