A company produces a product that sells for $ 22, giving them a revenue of when x units are produced and sold. They have fixed costs of $ 364 and variable costs of $ 18 per unit.
A) Find a formula for their total cost, C, as a function of the number of units produced and sold, x.
B) Find their breakeven point.

Question

A company produces a product that sells for $ 22, giving them a revenue of  when x units are produced and sold. They have fixed costs of $ 364 and variable costs of $ 18 per unit.
A) Find a formula for their total cost, C, as a function of the number of units produced and sold, x. 
B) Find their breakeven point.

Quizplus · Accepted Answer

The Answer of A company produces a product that sells for $ 22, giving them a revenue of  when x units are produced and sold. They have fixed costs of $ 364 and variable costs of $ 18 per unit.
A) Find a formula for their total cost, C, as a function of the number of units produced and sold, x. 
B) Find their breakeven point.

A Company Produces a Product That Sells for $ 22