A company sells each product they make for $84.00. They pay $2,100.00 in monthly costs such as rent and bills as well as $70.00 in manufacturing costs per unit. Which of the equations below gives the company's profit per month, P, as a function of the number of units made, x?

Answers

Answer 1

Answer:

The equation that gives the company's profit per month, P, as a function of the number of units made, x is P = 14x - 2100

Solution:

Selling price of 1 product = $ 84

Monthly cost for rent and bill = $ 2100

Manufacturing cost per unit = $ 70

To find: company's profit per month, P, as a function of the number of units made

Let "x" be the number of units made

Let "P" be the company profit per month

Selling price for "x" number of units = 84x

Manufacturing cost for "x" units = 70x

We know that,

Profit = Selling price - manufacturing cost

P = 84x - 70x

P = 14x

We have to subtract the monthly cost for rent and bill to get the actual profit

P = 14x - 2100

Thus the equation that gives the company's profit per month, P, as a function of the number of units made, x is P = 14x - 2100

Related Questions

How do you change a fraction to a decimal?
Estimate quotient using multiple 53÷3
9 divided by 204 show your work
A, b and c Share the rent in a ratio of 4:3:2. The rent is £216. How much does a pay? 5 Miles= 8km how many km in 40 miles?
Seven sixteenths as decimal what is it

Each flyer costs 0.25. Our total budget is $555. It will cost $115 for other supplies how much money do we have to spend on flyers

Answers

555-115=$440 to spend on flyers (probably not right I tried)

Ava is 23 cm Taller than olivia, and olivia is half the height of lucas. if Lukas is 1.78 meters tall how tall are ava and Olivia? Express there heights in cm.

Answers

1.12 meters, which is 112 centimeters :)

Is 5 a prime number or composite number neither prime nor composite, or both prime and composite:

Answers

prime number because nothing equals 5 but 5 so 5×1. So 5 is a prime number

5 is a prime number, itself and 1
1x5=5
5x1=5

Ally is making a scale diagram of her classroom. She uses a scale factor of 3 centimeters per foot to draw the diagram. The actual length of the classroom is 18 feet, and its width is 20 feet. What is the area of the scale drawing of the classroom?