Answer:
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Step-by-step explanation:
Answer:
Step-by-step explanation:
Hello, please consider the following.
a)
b)
Thank you.
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.
(14 1/2)/(1 1/4) change both to improper fractions
(29/2)/(5/4) invert second function (or the denominator fraction) and multiply.
(29/2)*(4/5) multiply...
58/5 change improper fraction back to mixed fraction
11 3/5 or a decimal 11.6
Use Pythagaras theorem :-
x^2 = 1.8^2 + 2.4^2 where a is distance required
x^2 = 9
x = 3 miles Answer
