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Boxowitz, Inc. is planning to produce a new graphing calculator. For the first year, the fixed costs for setting up the new production line are
Boxowitz, Inc. is planning to produce a new graphing calculator. For the first year, the fixed costs for setting up the new production line are $1,095,000. The variable costs for each calculator are 57. The sales department projects that 125,000 calculators will be sold during the first year at a price of $80 each. Complete parts (a) through (e) below. a) Find and graph C(x), the total cost of producing x calculators C(x) = GRAPH C(x) b) Using the same axes as in part (a), find and graph R(x), the total revenue from the sale of x calculators R(x) = GRAPH R(x) c) Using the same axes as in part (a), find and graph P(x), the total profit from the production and sale of x calculators. P(x) = GRAPH p(x) d) What profit or loss will the firm realize if the expected sale of 150,000 calculators occurs? e) How many calculators must the firm sell in order to break even? The firm must sell calculators to break even Boxowitz, Inc. is planning to produce a new graphing calculator. For the first year, the fixed costs for setting up the new production line are $1,095,000. The variable costs for each calculator are 57. The sales department projects that 125,000 calculators will be sold during the first year at a price of $80 each. Complete parts (a) through (e) below. a) Find and graph C(x), the total cost of producing x calculators C(x) = GRAPH C(x) b) Using the same axes as in part (a), find and graph R(x), the total revenue from the sale of x calculators R(x) = GRAPH R(x) c) Using the same axes as in part (a), find and graph P(x), the total profit from the production and sale of x calculators. P(x) = GRAPH p(x) d) What profit or loss will the firm realize if the expected sale of 150,000 calculators occurs? e) How many calculators must the firm sell in order to break even? The firm must sell calculators to break even
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