Question
1)Graph the Equation 2x + 6 = 3y over the range x = -10 to x = 10. 2)Use the Graphical method to solve the
1)Graph the Equation 2x + 6 = 3y over the range x = -10 to x = 10.
2)Use the Graphical method to solve the following pair of equations.
-5y = -10x
y - 1 = 3x
3)Use the CVP Formulas to solve the following.
PW Rugby Balls Ltd. has annual fixed costs of $450,000, and variable costs of $9 per unit.The selling price per unit is $35.
A)What annual revenue is required to break even?BER
B)What annual unit sales are required to make a $250,000 profit?
4)Use your CVP formulas to solve the following.
Hot Rod Wheels makes Car Wheels that sell for $299 each.Its fixed costs are $36,000 per month, and variable cost per unit is $90.
a)What is the contribution Margin?
b)What is the break-even point in units per month?
c)What is the Contribution Rate?
d)What is the Break-even Sales Revenue per month?
Please see attached image for the formula sheet
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