number of units ---- x
cost = 950x + 60,000
we want
1700x ≥ 950x + 60000
750x ≥ 60000
x ≥ 80
At 80 units they break even, at more than 80 they make a profit
The nutritionistof FLC Foods, Inc. designed a new product for everybody's consumption and believes that the variable cost in producing the said product is Php950.00 per unit and the fixed cost is Php60,000. Write the total cost as function of the product sold. If the selling for each product is Php1,700, how many units must be sold to break-even or to make somr profit.
1 answer
1 answer