Concept explainers
Manufacturing. SoundGen, Inc., plans to manufacture a new type of cell phone. The fixed costs are $45,000, and the variable costs are estimated to be $40 per unit. The revenue from each cell phone is to be $130. Find the following.
The total cost
The total revenue
from the sale of x cell phones
The total profit
The profit or loss from the production and sale of 3000 cell phone; of 400 cell phones
The break-even-point
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Elementary and Intermediate Algebra: Concepts and Applications (7th Edition)
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