A division of a company produces income tax apps for smartphones. Each income tax app sells for $6. The monthly fixed costs incurred by the division are $25,000, and the variable cost of producing each income tax app is $1. (a) Find the break-even point for the division. (x, y) = (b) What should be the level of sales in order for the division to realize a 20% profit over the cost of making the income tax apps? (Round your answer up to the nearest whole number.) income tax apps
A division of a company produces income tax apps for smartphones. Each income tax app sells for $6. The monthly fixed costs incurred by the division are $25,000, and the variable cost of producing each income tax app is $1. (a) Find the break-even point for the division. (x, y) = (b) What should be the level of sales in order for the division to realize a 20% profit over the cost of making the income tax apps? (Round your answer up to the nearest whole number.) income tax apps
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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A division of a company produces income tax apps for smartphones. Each income tax app sells for $6. The monthly fixed costs incurred by the division are $25,000, and the variable cost of producing each income tax app is $1.
(a) Find the break-even point for the division.
(b) What should be the level of sales in order for the division to realize a 20% profit over the cost of making the income tax apps? (Round your answer up to the nearest whole number.)
income tax apps
(x, y) =
(b) What should be the level of sales in order for the division to realize a 20% profit over the cost of making the income tax apps? (Round your answer up to the nearest whole number.)
income tax apps
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