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Author Question: A toilet manufacturer has decided to come out with a new and improved toilet. The fixed cost for the ... (Read 115 times)

jace

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on: Jun 16, 2021

Question 1

A shoe company will make a new type of shoe.  The fixed cost for the production will be $24,000.  The variable cost will be $39 per pair of shoes.  The shoes will sell for $107 for each pair.  What is the profit if 600 pairs are sold?
◦ $16,800
◦ $63,600
◦ $64,800
◦ $40,800

Question 2

A toilet manufacturer has decided to come out with a new and improved toilet.  The fixed cost for the production of this new toilet line is $16,600 and the variable costs are $62 per toilet.  The company expects to sell the toilets for $157.  Formulate a function C(x) for the total cost of producing x new toilets and a function R(x) for the total revenue generated from the sales of x toilets.
◦ C(x) = 16600 + 62x; R(x) = 157x
◦ C(x) = 16600 + 157x; R(x) = 62x
◦ C(x) = 62x; R(x) = 157x
◦ C(x) = 16,662; R(x) = 157
Calculus and Its Applications ¦ Bittinger, Ellenbogen, Surgent ¦ 11th Edition
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Marked as best answer by jace on Jun 16, 2021

ebenov

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Reply #1 on: Jun 16, 2021
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jace

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Reply 2 on: Jun 16, 2021
Excellent

Hdosisshsbshs

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Reply 3 on: Yesterday
Wow, this really help

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