Concept explainers
To calculate : A small software development company invests $16000 to produce a software package that will sell for $55.95. Each unit costs $9.45 to produce.
a. How many nits must the company sell to break even?
Answer to Problem 57E
a. 344 units
Explanation of Solution
Given information :
Total investment amount is $16,000
Sell the package $55.95
Each unit cost is $9.45
Calculation :
Suppose x represents the number of units sold.
Let’s write the equation using the given information.
Cost of x units = 9. 45x
The company must sell 344 units to break even.
To calculate : A small software development company invests $16000 to produce a software package that will sell for $55.95. Each unit costs $9.45 to produce.
b. How many units must the company sell to make a profit of $100000.
Answer to Problem 57E
b. 2495 units
Explanation of Solution
Given information :
Total investment amount is $16,000
Sell the package $55.95
Each unit cost is $9.45
Given profit is $100,000
Calculation :
We will write the equation
There are 2495 units must be sold to earn profit $100000.
Chapter 7 Solutions
EBK PRECALCULUS W/LIMITS
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