Solve the problem.
-Northwest Molded molds plastic handles which cost $\$ 1.00$ per handle to mold. The fixed cost to run the molding machine is $\$ 4722$ per week. If the company sells the handles for $\$ 3.00$ each, how many handles must be molded weekly to reach the break-even point?
A) 1180 handles
B) 2361 handles
C) 1574 handles
D) 4722 handles

Question

Quizplus · Accepted Answer

To find the break-even point, set the total cost equal to the total revenue. The total cost is the fixed cost plus the variable cost per handle, and the total revenue is the selling price per handle times the number of handles. So, $4722 + 1x = 3x$. Solving for $x$, we get $2x = 4722$, so $x = 2361$ handles.

Solve the Problem $1.00\$ 1.00$1.00 Per Handle to Mold $4722\$ 4722$4722 Per Week If the Company Sells the Handles For Which

Solve the Problem $\$ 1.00$ Per Handle to Mold $\$ 4722$ Per Week If the Company Sells the Handles For Which