A division of a company produces income tax apps for smartphones. Each income tax app sells for $7. The monthly fixed costs incurred by the division are $25,000, and the variable cost of producing each income tax app is $2. (a) Find the break-even point for the division. (x, y) =
A division of a company produces income tax apps for smartphones. Each income tax app sells for $7. The monthly fixed costs incurred by the division are $25,000, and the variable cost of producing each income tax app is $2. (a) Find the break-even point for the division. (x, y) =
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A division of a company produces income tax apps for smartphones. Each income tax app sells for $7. The monthly fixed costs incurred by the division are $25,000, and the variable cost of producing each income tax app is $2.
(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 15% profit over the cost of making the income tax apps? (Round your answer up to the nearest whole number.)
_______ income tax apps
(x, y) =
5000, 35000
(b) What should be the level of sales in order for the division to realize a 15% 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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