Question
A small software company invests $30,000 to produce a software package that will sell for $64.95. Each unit can be produced for $42.25. (Round your answers to the nearest whole number.)
(a) How many units must be sold to break even?
units
(b) How many units must be sold to make a profit of $100,000?
units
(a) How many units must be sold to break even?
units
(b) How many units must be sold to make a profit of $100,000?
units
Answers
Damon
cost = 30,000 + 42.25 x
so
64.95 x = 30,000 + 42.25 x
profit = (64.95-421.25)x - 30,000 = 100,000
so
64.95 x = 30,000 + 42.25 x
profit = (64.95-421.25)x - 30,000 = 100,000