SOLUTION: Regrind, Inc. regrinds used typewriter platens. The cost per platen is $1.70. The fixed cost to run the grinding machine is $112 per day. If the company sells the reground platens

Algebra ->  Graphs -> SOLUTION: Regrind, Inc. regrinds used typewriter platens. The cost per platen is $1.70. The fixed cost to run the grinding machine is $112 per day. If the company sells the reground platens       Log On


   

Question 312500: Regrind, Inc. regrinds used typewriter platens. The cost per platen is $1.70. The fixed cost to run the grinding machine is $112 per day. If the company sells the reground platens for $3.70, how many must be reground daily to break even?
Answer by checkley77(12844) About Me  (Show Source):
You can put this solution on YOUR website!
112=(3.70-1.70)X
112=2X
2X=112
X=112/2
X=56 PLATENS PER DAY ARE REQUIRED TO BREAK EVEN.