document.write( "Question 978107: The Retread Tire Company recaps tires. The fixed annual cost of the recapping operation is
\n" ); document.write( "$65,000. The variable cost of recapping a tire is $7.5. The company charges$25 to recap a tire.
\n" ); document.write( "a. For an annual volume of 15, 000 tire, determine the total cost, total revenue, and profit.
\n" ); document.write( "b. Determine the annual break-even volume for the Retread Tire Company operation.
\n" ); document.write( "For A. My answer is 25.00 x 15,000 = 375,000 which is revenue
\n" ); document.write( " 7.5 x 15,000 + 65,000= 177,500 which is Total cost
\n" ); document.write( "375,000 -177,500 = 197,500.00 for Profit \r
\n" ); document.write( "\n" ); document.write( "B. Break even point not sure how to calculate \r
\n" ); document.write( "\n" ); document.write( "Thank you
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Algebra.Com's Answer #599612 by Boreal(15235)\"\" \"About 
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The total cost is $65,000 fixed + 15,000*$7.5=$65,000+$112,500=$177,500\r
\n" ); document.write( "\n" ); document.write( "Total revenue is 15000 tires * $25/tire=$375,000\r
\n" ); document.write( "\n" ); document.write( "Profit is Revenue-Cost=$375,000-$177,500=$197,500\r
\n" ); document.write( "\n" ); document.write( "Break even is:
\n" ); document.write( "$65,000+$7.5x=$25x, where x is the number of tires. It is the function for cost=function for profit.
\n" ); document.write( "$65,000=$17.5 x
\n" ); document.write( "x=3715 tires (3714 is close but a slight loss)
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