SOLUTION: Melinda and Morris sell soft drinks at baseball tournaments. They charge $3 per can.. the cost to
purchase the soft drinks is $0.70 per can. They estimate that they can sell at le
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Question 1154987: Melinda and Morris sell soft drinks at baseball tournaments. They charge $3 per can.. the cost to
purchase the soft drinks is $0.70 per can. They estimate that they can sell at least 200 cans at
each game.
a. Compute the revenue function
b. The cost functions
c. Break even chart
d. Contribution margin
e. Break-Even Volume
Answer by josgarithmetic(39623) (Show Source): You can put this solution on YOUR website!
x, the number of cans
--------------------------------
a. Compute the revenue function
--------------------------------
-------------------------------
b. The cost functions
------------------------------
-----------------------
c. Break even chart
-----------------------
A chart for this is not necessary. If cost and revenue are equal, this is "break-even".
and this can be solved.
The estimated 200 cans?
, cost
-
, revenue
(profit would be $460).
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