41261= 2700 +b b= $1 Example: Cost Analysis: A small company manufactures picnic tables. The weekly fixed cost is $1,200 and the variable cost is $45 per table. How many picnic tables can be produced for a total weekly cost of $5,000? -

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter4: Polynomial And Rational Functions
Section4.6: Variation
Problem 16E
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Question
82-81
X₂-k₁
5,611-4,261
150-100
(x) = 27x+b
ww
X
1,350
50
S
(100,4,261)
= 27 rate per g
261=27(100)+b
41261= 2700 +b
b= $1,561 fixed ant
Example: Cost Analysis: A small company manufactures picnic tables. The weekly fixed cost is
$1,200 and the variable cost is $45 per table. How many picnic tables can be produced for a total
weekly cost of $5,000?
Example: A clothing store sells a shirt that costs them $20 and retails for $33, and a jacket that
costs them $60 and retails for $93. a. If the markup policy of the store is assumed to be linear,
write an equation that expresses retail price in terms of cost. b. What does a store pay for a suit
that it retails for $240?
Се
Transcribed Image Text:82-81 X₂-k₁ 5,611-4,261 150-100 (x) = 27x+b ww X 1,350 50 S (100,4,261) = 27 rate per g 261=27(100)+b 41261= 2700 +b b= $1,561 fixed ant Example: Cost Analysis: A small company manufactures picnic tables. The weekly fixed cost is $1,200 and the variable cost is $45 per table. How many picnic tables can be produced for a total weekly cost of $5,000? Example: A clothing store sells a shirt that costs them $20 and retails for $33, and a jacket that costs them $60 and retails for $93. a. If the markup policy of the store is assumed to be linear, write an equation that expresses retail price in terms of cost. b. What does a store pay for a suit that it retails for $240? Се
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