SOLUTION: You are going to run a new company that produces braceletbracelets. It costs ​$4.68 to produce each bracelet​, and you have fixed costs of ​$2000 each month. You decide to

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: You are going to run a new company that produces braceletbracelets. It costs ​$4.68 to produce each bracelet​, and you have fixed costs of ​$2000 each month. You decide to       Log On

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Question 1159654: You are going to run a new company that produces braceletbracelets. It costs ​$4.68 to produce each bracelet​, and you have fixed costs of ​$2000 each month. You decide to charge a price of ​$12.99 per bracelet.
What costs should your company be prepared to cover if you need ​$2200 in​ profits?
The company should be prepared to cover ​$_ in costs

Answer by josgarithmetic(39621) About Me  (Show Source):
You can put this solution on YOUR website!
cost: 4.68n%2B2000
revenue: 12.99n

PROFIT: 12.99n-%284.68n%2B2000%29=2200
Solve for n, and evaluate the "cost" expression for this n value.