The Rejuvo Corp. manufactures granite countertop cleaner and polish. Quarterly sales Q is a random variable with a mean of 24,320 bottles and a standard deviation of 3,130 bottles. Variable cost is $13 per unit, and fixed cost is $220,270. (a) Find the mean and standard deviation of Rejuvo's total cost. Mean Standard deviation (b-1) If all bottles are sold, what would the selling price have to be to break even, on average? (Round your answer to 2 decimal places.) Selling price (b-2) If all bottles are sold, what would the selling price have to be to make a profit of $25,695? (Round your answer to 2 declmal places.) Selling price

The Rejuvo Corp. manufactures granite countertop cleaner and polish. Quarterly sales Q is a random variable with a mean of 24,320 bottles and a standard deviation of 3,130 bottles. Variable cost is $13 per unit, and fixed cost is $220,270. (a) Find the mean and standard deviation of Rejuvo's total cost. Mean Standard deviation (b-1) If all bottles are sold, what would the selling price have to be to break even, on average? (Round your answer to 2 decimal places.) Selling price (b-2) If all bottles are sold, what would the selling price have to be to make a profit of $25,695? (Round your answer to 2 declmal places.) Selling price

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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