# SOLUTION: Please help me to solve this problem. A corn refining company produces corn gluten cattle feed at a variable cost of \$76 per ton. If fixed costs are \$110,000 per month and the feed

Algebra ->  Algebra  -> Customizable Word Problem Solvers  -> Finance -> SOLUTION: Please help me to solve this problem. A corn refining company produces corn gluten cattle feed at a variable cost of \$76 per ton. If fixed costs are \$110,000 per month and the feed      Log On

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 Click here to see ALL problems on Money Word Problems Question 466693: Please help me to solve this problem. A corn refining company produces corn gluten cattle feed at a variable cost of \$76 per ton. If fixed costs are \$110,000 per month and the feed sells for \$126 per ton, how many tons must be sold for the company to have a monthly profit of \$540,000?Answer by mananth(12270)   (Show Source): You can put this solution on YOUR website!Let the number of tons produced per month be x 126x- (110,000 + 76x)=540,000 126x-110,000-76x=540,000 50x=650,000 /50 x=650,000/50 x=13000 Tons