1. Thomas Private Limited Company is about to start production of new products to sell to customers. Before the start of the new production, it costs the company $ 200,000 to construct the factory's building. Once the construction is over, the cost per unit of production is estimated to be $ 20. Upon selling, the company will incur a 20% commission expense. Moreover, the price per unit of products is decided to be $ 50.

Required:

a)Construct the total cost equation in terms of quantity.

b)Determine the break-even quantity (Revenue)