A small plant manufacturing riding mowers. The plant has fixed costs (leases, insurance, etc.) of $52,081 per day and variable costs (labor, materials, etc.) of $1,242 per mower produced. The mowers are sold for $2,139 each. The resulting cost and revenue equations are y = 52,081 + 1,242 x Cost equation y = 2,139 x Revenue equation where a is the total number of mowers produced and sold each day. The daily costs and revenue are in dollars. How many mowers must be manufactured and sold each day for the company to break even? mowers. Round to the nearest mower.
A small plant manufacturing riding mowers. The plant has fixed costs (leases, insurance, etc.) of $52,081 per day and variable costs (labor, materials, etc.) of $1,242 per mower produced. The mowers are sold for $2,139 each. The resulting cost and revenue equations are y = 52,081 + 1,242 x Cost equation y = 2,139 x Revenue equation where a is the total number of mowers produced and sold each day. The daily costs and revenue are in dollars. How many mowers must be manufactured and sold each day for the company to break even? mowers. Round to the nearest mower.
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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Any manufacturing company has costs which include fixed costs such as plant overhead, product design, setup, and promotion; and variable costs that depend on the number of items produced. The revenue is the amount of money received from the sale of its product. The company breaks even if the revenue is equal to the cost.
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Transcribed Image Text:A small plant manufacturing riding mowers. The plant has fixed costs (leases,
insurance, etc.) of $52,081 per day and variable costs (labor, materials, etc.) of $1,242
per mower produced. The mowers are sold for $2,139 each. The resulting cost and
revenue equations are
y = 52,081 + 1,242 x
Cost equation
%3D
y = 2,139 x
Revenue equation
where x is the total number of mowers produced and sold each day. The daily costs
and revenue are in dollars.
How many mowers must be manufactured and sold each day for the company to
break even?
mowers. Round to the nearest mower.
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