A furniture manufacturer can sell dining room tables for $500 each. The manufacturer’s total cost consists of a fixed overhead of $30,000 plus production costs of $350 per table.

a. How many tables must the manufacturer sell to break even?

b. How many tables must the manufacturer sell to make a profit of $6,000?

c. What will be the manufacturer’s profit or loss if 150 tables are sold?

d. On the same set of axes, graph the manufacturer’s total revenue and total cost functions. Explain how the overhead can be read from the graph.