SOLUTION: A company manufactures tote bags. The company spends $1200 each day for overhead expenses plus $9 per tote bag for labor and materials. The tote bags sell for $25 each. How many to
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Question 54019: A company manufactures tote bags. The company spends $1200 each day for overhead expenses plus $9 per tote bag for labor and materials. The tote bags sell for $25 each. How many tote bags must the company sell each day to equal its daily costs for overhead, labor, and materials? Write an equasion and solve. Answer by checkley71(8403) (Show Source):
You can put this solution on YOUR website! 1200+9X=25X OR 1200=25X-9X OR 1200=16X OR X=1200/16 OR X=75 BAGS TO BREAK EVEN.
PROOF 1200+9*75=25*75 OR 1200+675=1875 OR 1875=1875