Q3/A manufacturing company leases a building for S120000 per year for its manufacturing facilities. In addition, the machinery in this building is being paid for in installments of $30000 per year. Each unit of the product produced costs $15 in labor and S10 in materials. The product can be sold for $50. 1. How many units per year must be sold for the company to breakeven? 2. If 10000 units per year are sold, what is the annual profit? 3. If the selling price is lowered to $40 per unit, how many units must be sold cach year for the company to carn a profit of S150000 per year?
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
Step by step
Solved in 4 steps