The manufacturing costs consists of a fixed cost of R8 000 and a variable cost of R 15.00 per mug. The mugs are sold at R35. 00 each. Assume a linear profit function
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The manufacturing costs consists of a fixed cost of R8 000 and a variable cost of R 15.00 per mug. The mugs are sold at R35. 00 each. Assume a linear profit function - Hello Friend question and answers, In sharing this time titled The manufacturing costs consists of a fixed cost of R8 000 and a variable cost of R 15.00 per mug. The mugs are sold at R35. 00 each. Assume a linear profit function, in helping to answer a question or help learning, hopefully content posting subject matter that I share this you can understand, if there are any difficulties please to comment.
Your Question : The manufacturing costs consists of a fixed cost of R8 000 and a variable cost of R 15.00 per mug. The mugs are sold at R35. 00 each. Assume a linear profit function
Answer:
8000=cost
profit-8000
then
another cost is 15rand per mug
but profit of 35 rand
35-15=20
profit of 20rand per mug
profit=R20m-R8000
where m=number of mugs sold
(R20 means 20 rand)
f(m)=R20m-R8000
break even means cost=earned
basically, when profit=0
0=R20m-R8000
add 8000 to both sides
R8000=R20m
divide both sides by 20
400=m
break even is 400 mugs
graph should be easy enough
put a point at (0,-8000) and at (400,0) then connect them
profit
f(x)=R20x-R8000
break even is 400 mugs
put points (0,-8000) and (400,0) and connect them
You are currently reading the article about lessons The manufacturing costs consists of a fixed cost of R8 000 and a variable cost of R 15.00 per mug. The mugs are sold at R35. 00 each. Assume a linear profit function and this lesson url permalink of the article was https://choosequestion.blogspot.com/2016/07/the-manufacturing-costs-consists-of.html Hopefully this question and answer article can give good answers, good learning.
The manufacturing costs consists of a fixed cost of R8 000 and a variable cost of R 15.00 per mug. The mugs are sold at R35. 00 each. Assume a linear profit function
A company manufactures and sells novelty mugs. The manufacturing costs consists of a fixed cost of R8 000 and a variable cost of R 15.00 per mug. The mugs are sold at R35. 00 each. Assume a linear profit function.
Determine the profit function.
What is the Break-even level?
Draw a graph depicting the profit function.
8000=cost
profit-8000
then
another cost is 15rand per mug
but profit of 35 rand
35-15=20
profit of 20rand per mug
profit=R20m-R8000
where m=number of mugs sold
(R20 means 20 rand)
f(m)=R20m-R8000
break even means cost=earned
basically, when profit=0
0=R20m-R8000
add 8000 to both sides
R8000=R20m
divide both sides by 20
400=m
break even is 400 mugs
graph should be easy enough
put a point at (0,-8000) and at (400,0) then connect them
profit
f(x)=R20x-R8000
break even is 400 mugs
put points (0,-8000) and (400,0) and connect them
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You are currently reading the article about lessons The manufacturing costs consists of a fixed cost of R8 000 and a variable cost of R 15.00 per mug. The mugs are sold at R35. 00 each. Assume a linear profit function and this lesson url permalink of the article was https://choosequestion.blogspot.com/2016/07/the-manufacturing-costs-consists-of.html Hopefully this question and answer article can give good answers, good learning.