A division of the Gibson Corporation manufactures bicycle pumps. Each pump sells for $9, and the variable cost of producing each unit is 50% of the selling price. The monthly fixed costs incurred by the division are $45,000. What is the break-even point for the division?
A division of the Gibson Corporation manufactures bicycle pumps. Each pump sells for $9, and the variable cost of producing each unit is 50% of the selling price. The monthly fixed costs incurred by the division are $45,000. What is the break-even point for the division?
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter12: Quadratic Functions
Section12.8: Joint And Combined Variation
Problem 1ST
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A division of the Gibson Corporation manufactures bicycle pumps. Each pump sells for $9, and the variable cost of producing each unit is 50% of the selling price. The monthly fixed costs incurred by the division are $45,000. What is the break-even point for the division? (Round your answers to the nearest whole number.)
(x, y) =
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