SOLUTION: A company produces ink cartridges for ballpoint pens. The setup costs for a run of red catridges is $700 plus $.08 per cartridge for materials. The company can sell the cartridges

Question 337990: A company produces ink cartridges for ballpoint pens. The setup costs for a run of red catridges is $700 plus $.08 per cartridge for materials. The company can sell the cartridges for $.24 each. How many cartridges must be produced and sold to break even?
Answer by katealdridge(100) (Show Source): You can put this solution on YOUR website!
The equation for the info given is:
, where c is the number of cartridges.
Breaking even means that the Cost will equal the sales. So,
Now you must solve the equation for c.
Subtract .08c from both sides.
Dividing both sides by .16
You must produce and sell 4375 ink cartridges to break even.
If you have further questions, please check out my facebook page: Kate Calendrillo tutor. Feel free to post any question there.
RELATED QUESTIONS
Ink cartridges for your printer can be purchased either online or at a local office... (answered by ewatrrr)

Ballpoint pens cost $1.50 a dozen for the first two hundred dozen a store buys from a... (answered by mananth,greenestamps)

Ballpoint pens cost $1.50 a dozen for the first two hundred dozen a store buys from a... (answered by mananth)

The ABC Ink Company is a small family owned company that sells packages of ink... (answered by textot)

A shelf in the Metro Department Store contains 95 colored ink cartridges for a popular... (answered by stanbon)

Three new ink cartridges cost $9 less than 5 new cartridges. Write and solve for the... (answered by josmiceli)

A shelf in the Metro Department Store contains 80 colored ink cartridges for a popular... (answered by ewatrrr)

LMN Office Company sells 20 printer cartridges for $240. XYZ Supplies has a box of... (answered by ikleyn)

A phone company offers two monthly plans. Plan A costs 9 plus an additional 0.13 for each (answered by ikleyn,josgarithmetic)