Part a) Total Cost
Total Cost for recapping the tires is the sum of fixed cost and the variable cost. i.e.
The total cost is ( $65,000 fixed) + (15,000 x $7.5)
=$65,000+$112,500
=$177,500
Part b) Total Revenue
Revenue from 1 tire = $25
Total tires recapped = 15000
So, Total revenue = 15000 tires x $25/tire
Total Revenue =$375,000
Part c) Total Profit
Total Profit = Revenue - Cost
Using the above values, we get:
Profit = $375,000 - $177,500
Profit = $197,500
Part d) Break-even Point
Break-even point point occurs where the cost and the revenue of the company are equal. Let the break-even point occurs at x-tires. We can write:
For break-even point
Cost of recapping x tires = Revenue from x tires
65,000 + 7.5 x = 25x
65,000 = 17.5 x
x = 3714 tires
Thus, on recapping 3714 tires, the cost will be equal to the revenue generating 0 profit. This is the break-even point.
Answer:
The value is 2401
Step-by-step explanation:
First we need to understand what's means 7 to the 4th power, or 7^4.
7 is the power base, the power base is the number that we are going to repeat the number of times the exponent says.
4 is the exponent, which will tell us how many times to multiply 7.
So , then we would have
1) 7 x 7 x 7 x 7
2) 49 x 7 x 7
3) 343 x 7
4) finally 2401
Answer:
137,000
Step-by-step explanation:
its math bro
