SOLUTION: A company has fixed overheads of £700-00 and each unit manufactured has a cost of £6-50. the selling price of each unit is £11-75. what is the minimum number of units it needs to p

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: A company has fixed overheads of £700-00 and each unit manufactured has a cost of £6-50. the selling price of each unit is £11-75. what is the minimum number of units it needs to p      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 192746: A company has fixed overheads of £700-00 and each unit manufactured has a cost of £6-50. the selling price of each unit is £11-75. what is the minimum number of units it needs to produce before a profit is made?
Answer by edjones(8007) About Me  (Show Source):
You can put this solution on YOUR website!
11.75-6.50=5.25
700/7.25=96.55
97 min number of units it needs to produce.
.
Ed