A company sells its product at 60 OMR per unit. The fixed cost is 19500 OMR, and the variable cost is estimated to be 35% of the total revenue, then the brake-even point is

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter10: Exponential And Logarithmic Functions
Section10.5: Solve Exponential And Logarithmic Equations
Problem 10.90TI: The half-life of radioactive iodine is 60 days. How much of a 50-mg sample will be left in 40 days?
icon
Related questions
Topic Video
Question
A company sells its product at 60 OMR per unit. The fixed cost is 19500 OMR, and the variable
cost is estimated to be 35% of the total revenue, then the brake-even point is
Select one:
O a. 800
O b. 500
O c. 1000
O d. 780
Transcribed Image Text:A company sells its product at 60 OMR per unit. The fixed cost is 19500 OMR, and the variable cost is estimated to be 35% of the total revenue, then the brake-even point is Select one: O a. 800 O b. 500 O c. 1000 O d. 780
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Knowledge Booster
Optimization
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,