SOLUTION: A company produces graphing calculators for $22 and sells each one for $148. The fixed costs are $119,700. Determine the number of calculators that must be produced and sold to b
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Question 1108278: A company produces graphing calculators for $22 and sells each one for $148. The fixed costs are $119,700. Determine the number of calculators that must be produced and sold to break even. Answer by ikleyn(52787) (Show Source):
The "break even" equation is
119700 + 22n = 148n.
Solve for n, where n is the number of calculators produced and sold.
119700 = 148n - 22n,
119700 = 126n ====> n = = 950.
