This topic contains a solution. Click here to go to the answer

Author Question: A toilet manufacturer has decided to come out with a new and improved toilet. The fixed cost for the ... (Read 110 times)

jace

  • Hero Member
  • *****
  • Posts: 541

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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jace on Jun 16, 2021

ebenov

  • Sr. Member
  • ****
  • Posts: 331
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly




jace

  • Member
  • Posts: 541
Reply 2 on: Jun 16, 2021
Great answer, keep it coming :)


TheDev123

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

For a complete list of videos, visit our video library