Concept explainers
To find: The number of gloves produced monthly, so that the total monthly production cost is the same for both companies.
Answer to Problem 21MCQ
The number of gloves produced monthly is 2000.
Explanation of Solution
Given information:
ABC Sporting Goods Company fixed monthly production cost is $16000 with per glove cost of $15.
XYZ Sporting Goods Company fixed monthly production cost is $20000 with per glove cost of $13.
Calculation:
Let the number of gloves produced be x.
Therefore, the equation is:
(Subtract 16000 on both sides)
(Subtract
(Divided by 2 on both sides)
(Dividing 4000 by w2 is equal to 2000)
So, the total number of gloves produced monthly is 2000.
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Algebra 1, Homework Practice Workbook (MERRILL ALGEBRA 1)
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