Given the information on cost, if you charge $15 per entry, what is the the break even quantity of bags?  At what quantity of bags will profits be maximized?

 

Bags 0 100 200 300 400 500 600 700 800 900 1,000 Fixed Cost $1,700 $1,700 $1,700 $1,700 $1,700 $1,700 $1,700 $1,700 $1,700 $1,700 $1,700 Variable Cost $- $500 $1,200 $2,700 $5,200 $9,000 $15,000 $23,800 $36,800 $55,800 $83,000 Total Cost $1,700 $2,200 $2,900 $4,400 $6,900 $10,700 $16,700 $25,500 $38,500 $57,500 $84,700