Question 102405
A toy company spends $1500 each day on plant costs plus $8 per toy for labor and materials. The toys sell for $12 each. How many toys must the company sell in one day to equal its daily costs?
Define a variable(s), write an equation and solve.

-----------------------
Let number of toys made be "t".
Cost to stay in business: C(t) = 1500+8t
Income from selling toys: I(t) = 12t
=================================
EQUATION:
Daily Cost = Daily Income
1500+8t = 12t
4t = 1500
t = 375
---------------
The company must sell 375 toys per day to break even.
==================
Cheers,
Stan H.