SOLUTION: A company manufactures and sells blank CDs.The weekly fixture cost is $15,000 and it's cost $0.30 to produce each CD.The selling price is $1.50 per CD.How many CDs must be produced

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Question 23229: A company manufactures and sells blank CDs.The weekly fixture cost is $15,000 and it's cost $0.30 to produce each CD.The selling price is $1.50 per CD.How many CDs must be produced and sold each week for the company to have a profit gain?
It's a multiple choice question and my choices are:
(a)More than 12500 Cds must be produced.
(b)12000 CDs must be produced.
(c)Less than 10500 CDs must be produced.
(d)1500 CDs must be produced.
Answer by rapaljer(4551) (Show Source):
You can put this solution on YOUR website!
Total costs for producing x CDs= .30x + 15000
Total selling price = 1.50x

Profit = selling price - cost
P = 1.50x - (.30x+15000) > 0
1.50x -.30x - 15000 >0
1.20x -15000 >0
1.20x > 15000

Divide both sides by 1.20:

CDs sold per week to make a profit.

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