A yo-yo factory has fixed operating costs of $450,000 per year. In addition to the fixed costs, the cost to produce one yo-yo is $1.10. The yo-yo company sells the yo-yos to a distributor for $5.50 each. How many yo-yos must be sold in a year to earn a profit of at least $140,000?

Answer 1

fixed op+ making = 450001.10
profit per yoyo = 4.40
profit earned total is 140000
let there are x yoyo's sold
x*5.50= 450001.10+140000
x = 590001.10/5.50