SOLUTION: A company manufactures and sells a male grooming kit consisting of a nail clipper, a precision scissors and an ear hair remover. Each kit costs R120 to manufacture while the fixed

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Question 1128522: A company manufactures and sells a male grooming kit consisting of a nail clipper, a precision scissors and an ear hair remover. Each kit costs R120 to manufacture while the fixed monthly costs amount to R18 000. Each kit is sold for R160.
1. Write down an expression for the profit made by this company.
2. Determine the break even level.
3. Draw a neat graph illustrating the profit as a function of the number of kits sold. Include the break even level on the graph.
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let +x+ = the number of kits sold
Let +P%28x%29+ = the monthly profit
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+P%28x%29+=+160x+-+120x+-+18000+
+P%28x%29+=+40x+-+18000+
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The break even point is where cost = income
+160x+=+120x+%2B+18000+
+40x+=+18000+
+x+=+450+
and
+160x+=+160%2A450+
+160x+=+72000+
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The beak even level is ( 450, 72000 ) where
450 kits are made at a total cost of 72,000
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check the math