SOLUTION: a refining company produces corn gluten cattle feed at s variable cost of $82 per ton. if fixed costs are $120.00 per month and the feed sells for $134 per ton, how many tons must

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Question 1095117: a refining company produces corn gluten cattle feed at s variable cost of $82 per ton. if fixed costs are $120.00 per month and the feed sells for $134 per ton, how many tons must be sold each month for the company to have a monthly profit of $560,000?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
[ profit ] = [ income minus cost ]
Let +x+ = tons / month sold
+560000+=+134x+-+%28+82x+%2B+120+%29+
+560000+=+134x+-+82x+-+120+
+52x+=+560120+
+x+=+10771.538+
10,771.538 tons/month
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check:
+560000+=+134%2A10771.538+-+%28+82%2A10771.538+%2B+120+%29+
+560000+=+1443386.154+-+%28+883266.1538+%2B+120+%29+
+560000+=+1443386.154+-+883386.1538+
+560000+=+560000.0002+
close enough
check the math