SOLUTION: Q No 1) The Weaving Department of a factory occupies 3.5 times as much floor as the Shipping Department. If the Weaving Department occupies 4,200 square feet, what is space occupie
Question 1143523: Q No 1) The Weaving Department of a factory occupies 3.5 times as much floor as the Shipping Department. If the Weaving Department occupies 4,200 square feet, what is space occupies by the Shipping Department?
Q No 2) A manufacturer of a certain product knows that he can sell as many units as he produces in a week at a price of Rs. 10 each. His variable cost of production is Rs. 2 per unit and total fixed cost for a week is Rs. 8,000. Determine break-even point graphically in units and value. Answer by ikleyn(52787) (Show Source): You can put this solution on YOUR website! .
Q No 2.
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The basic equation is
10x = 8000 + 2x
The solution is
10x - 2x = 8000
8x = 8000
x = 8000/8 = 1000.
ANSWER. Break-even point is 1000 units.