SOLUTION: A company produces graphing calculators for $22 and sells each one for $148. The fixed costs are $119,700. Determine the number of calculators that must be produced and sold to b

Algebra.Com
Question 1108278: A company produces graphing calculators for $22 and sells each one for $148. The fixed costs are $119,700. Determine the number of calculators that must be produced and sold to break even.
Answer by ikleyn(52788)   (Show Source): You can put this solution on YOUR website!
.
The "break even" equation is

119700 + 22n = 148n.


Solve for n, where n is the number of calculators produced and sold.


119700 = 148n - 22n,


119700 = 126n  ====>  n =  = 950.


RELATED QUESTIONS

A company produces graphing calculators for $26 and sells each one for $132. The fixed... (answered by ikleyn)
The CALC Company makes basic scientific calculators. Each calculator costs $2.25 to... (answered by stanbon)
The CALC Company makes basic scientific calculators. Each calsulator costs $2.75 to... (answered by vleith,checkley71)
The CALC Company makes basic scientific calculators. Each calsulator costs $2.75 to... (answered by checkley71)
The CALC Company makes basic scientific calculators. Each calculator costs $2.75 to... (answered by checkley71)
A retail outlet for calculators sells 700 calculators per year. It costs $2 to store one... (answered by CPhill)
A company produces product X at a unit cost of N10. If fixed costs are N450, 000, and... (answered by ikleyn)
A company produces product X at a unit cost of N10. If fixed costs are N450, 000, and... (answered by ikleyn)
a company produces product A for which variable cost (including labour and material) is... (answered by josmiceli)