Question
The total cost of producing 23 units of a product is $ 19,860 and the total cost of two dozen is $ 20,280, if each
The total cost of producing 23 units of a product is $ 19,860 and the total cost of two dozen is
$ 20,280, if each unit of the product sells for $ 1,100 and if the total cost is linear, find:
a.) Total daily cost based on the x units produced.
b.) Total income based on the quantity sold.
c.) Total profit based on the quantity produced and sold.
d.) Minimum number of units that must be produced and sold for the business to be profitable.
e.) Number of units that must be produced and sold if a profit of $ 57,800 is to be obtained.
f.) Production and sales interval if you want to obtain a profit greater than $ 64,600 and a maximum of
$ 214,200.
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