Question 795276: Please help me solve this: How do I sketch a graph showing the value of the slope and y-intercept for the cost and profit equations in the below question?
A company that manufacturers laser printers has monthly fixed costs of $177,000 and variable costs of $650 per unit purchased. The company sells the printers for $1250 per unit. How many printers must be sold each month for the company to break even. Below I have figured the break even:
y=650/1250x + 177,000
177,000 + 650x = 1250x (Subtract 650x from both sides) = 177,000/600x = 295
295 is the Break even.
Thank you in advance for helping me graph the value of the slope and y-intercept for the cost and profit equation.
Have a good day!
Christina
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! Please help me solve this: How do I sketch a graph showing the value of the slope and y-intercept for the cost and profit equations in the below question?
A company that manufacturers laser printers has monthly fixed costs of $177,000 and variable costs of $650 per unit purchased.
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Total Cost = 650x + 177,000
To graph this, plot (0,177000) and (5,180250) and draw a line thru them.
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The company sells the printers for $1250 per unit.
Revenue = 1250x
To graph this, plot (0,0) and (5,6250) and draw a line thru them.
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How many printers must be sold each month for the company to break even.
Equate Cost and Revenue
1250x = 650x + 177,000
600x = 177,000
x = 295 units
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Cheers,
Stan H.
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