SOLUTION: A company producing and selling leather purses has fixed costs of $880 per week plus it costs the company $56 for each purse made. The company sells purses for $67 each. Find the n
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Question 1077234: A company producing and selling leather purses has fixed costs of $880 per week plus it costs the company $56 for each purse made. The company sells purses for $67 each. Find the number of purses the company must produce and sell to break even. Answer by Boreal(15235) (Show Source):
You can put this solution on YOUR website! Cost=Revenue
880+56x=67x, where x=the number of purses
11x=880
x=80 purses needed
880+80*56=$5360
67*80=$5360 check
