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Algebra and Trigonometry (6th Edition)
6th Edition
ISBN: 9780134463216
Author: Robert F. Blitzer
Publisher: PEARSON
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Question
A factory that produces staplers has a fixed cost of $2,200 per day. Each stapler costs the company $3 to produce. What is the cost equation for the factory?
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- Tabitha manufactures a product that sells very well. The capacity of her facility is 207,000 units per year. The fixed costs are $157,000 per year and the variable costs are $14 per unit. The product currently sells for $16. a. What total revenue is required for a net income of $482,000 per year? Round to the nearest cent b. If sales were at 55% of the capacity and the variable costs decreased by 25%, what would be the net income per year? Round to the nearest centarrow_forwardboth sheets are for the same problem.arrow_forwardJanus owns a small bakery that specilaize in 3 layer cakes dcorated with roses.He employs marcisa and annie.Each month janus wants to make $4000 and he would pay his two employees $3000 each.the fixed cost of rent etc.is $5400/month.They sell the cakes for $50 each and the cost of making each cake is $15. Recall that profit is revenue-cost.Revenue is selling prices times items made.and cost is fixed cost plus the cost of each item times the number of itemsarrow_forward
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