the answer is 304
Step-by-step explanation:
write the formula and Substitute the Numbers.
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Answer:
Given Initial investment = $12,000
Cost per unit = $11.50
Selling price per unit = $19
a. For x unit
Total cost = Initial investment + Cost per unit * no of unit
= 12,000 + 11.50(x)
c(x) = 12,000 + 11.50(x)
R(x) = Selling price per unit * no of items
R(x) = 19 * x
R(x) = 19x
b. Break even point = R(x) = C(x)
19x = 12,000 + 11.50x
19x - 11.5x = 12,000
7.5x = 12,000
x = 12,000 / 7.5
x = 1600
So, break even point x = 1,600
c. For Profit = $1,000
P(x) = 1,000
P(x) = R(x) - C(x)
1000 = 19x - (12,000 + 11.5x)
1000 =19x - 11.5x - 12000
7.5x = 12000 + 1000
7.5x = 13000
x = 13000/7.5
x = 1733.33
So x = 1733 units
Hence, 1733 units will yield for $1,000 profit
Answer:
The base cost of the camera, exclusive of sales tax, is $160.
Step-by-step explanation:
Set up this equation and solve for x, which is the cost of the camera:
$3.20 = $0.02x [0.02 = 2%]
Solve the equation by dividing $3.20 by 0.02. The answer is $160.
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