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pickupchik [31]

2 years ago

10

Dan bought x pounds of potatoes for $0. 85 per pound and y pounds of grapes for $1. 29 per pound. The total cost was less than $

5. Which inequality represents his purchase? 1. 29x + 0. 85y < 5 1. 29x + 0. 85y > 5 0. 85x + 1. 29y > 5 0. 85x + 1. 29y < 5.

1 answer:

AleksandrR [38]2 years ago

7 0

Answer:

0.85x + 1.29y < 5

Explanation:

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The break-even point is closest to $50,846.

Let understand that the break-even point refers to the point where the total revenue equals the total costs.

Below are steps to help us derive the break-even point.

Particulars R38T X08S Total

Sales $20,000 $39,000 $59,000

Variable costs <u>$7,400 </u> <u>$6,170 </u> <u>$13,570</u>

Contribution margin <u>$12,600 </u> <u>$32,830</u> <u>$45,430</u>

Total Contribution margin ratio = Total Contribution / Total Sales

Total Contribution margin ratio = $33,150 / $51,000

Total Contribution margin ratio = 0.65

Total Contribution margin ratio = 65%

Break even point = Fixed costs / Contribution margin ratio

Break even point = $33,050 / 0.65

Break even point = $50,846

In conclusion, the break-even point for the entire company is closest to $50,846.

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