SOLUTION: A company produces ink cartridges for ballpoint pens. The setup costs for a run of red catridges is $700 plus $.08 per cartridge for materials. The company can sell the cartridges

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Question 337990: A company produces ink cartridges for ballpoint pens. The setup costs for a run of red catridges is $700 plus $.08 per cartridge for materials. The company can sell the cartridges for $.24 each. How many cartridges must be produced and sold to break even?
Answer by katealdridge(100) About Me  (Show Source):
You can put this solution on YOUR website!
The equation for the info given is:
Cost=700%2B.08c, where c is the number of cartridges.
Breaking even means that the Cost will equal the sales. So,
.24c=700%2B.08c Now you must solve the equation for c.
.16c=700 Subtract .08c from both sides.
c=4375 Dividing both sides by .16
You must produce and sell 4375 ink cartridges to break even.
If you have further questions, please check out my facebook page: Kate Calendrillo tutor. Feel free to post any question there.