A business breaks even when the production costs are equal to the revenue. The expression 120+4x represents the cost of producing x items. The selling price is $5 for each item. Write an expression for the revenue generated by selling x items. How many items would you need to sell to break even? Write an equation and solve it.

Answers

Answer 1
Answer:

Answer:

Results are below.

Step-by-step explanation:

Giving the following information:

The expression 120+4x represents the cost of producing x items. The selling price is $5 for each item.

The net income formula:

y= (5 - 4)x - 120

(5-4)= contribution margin per unit sold (x)

120= fixed costs

To calculate the break-even point in units, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 120 / 1

Break-even point in units= 120 units

Prove:

y= 1*120 - 120

y= 0


Related Questions

The cost of 8 muffins and 2 quarts of mil is $18. The cost of 3 muffins and 1 quart of milk is $7.50 hos much does 1 muffin and 1 quart of milk cost ?
there is 16 fifth graders and 36 sixth graders. To be fair, coach matt wants there to be the same number of fifth graders and the same number of sixth grader on each team
HELP ME PLZ DUE SOON WILL GIVE BRAINLESTWhat is the slope of the line that passes through the points (2, 1)(2,1) and (17, -17) ?(17,−17)? Write your answer in simplest form.
An airplane leaves an airport and flies due west 170 miles and then 240 miles in the direction S 69.50°W. How far is the plane from the airport (round to the nearest mile)?.
Xander is taking a 5 question quiz worth 100 points. Each question is worth 20 points. Write an equation in function notation that represents his score for x number of questions answered correctly.

Separate 185 into two parts so that one part is 31 more than the other part. Find each part.

Answers

9514 1404 393

Answer:

  108, 77

Step-by-step explanation:

Let x represent the larger part. Then ...

  x + (x -31) = 185

  2x = 216

  x = 108

  x -31 = 77

The two parts are 108 and 77.

If you and a friend each toss two pennies at the same time, what is the probability that all four pennies will be tails?A. 1/2
B. 1/4
C. 1/8
D. 1/16
E. 1/32​

Answers

Probability helps us to know the chances of an event occurring. The probability that all four pennies will be tails is (1/16).

What is Probability?

Probability helps us to know the chances of an event occurring.

\rm Probability=(Desired\ Outcomes)/(Total\ Number\ of\ outcomes\ possible)

The probability of a penny getting a tail is 0.5 or (1/2), therefore, the probability of four penny getting a tail can be written as,

\rm Probability = \frac14 * \frac14 * \frac14 * \frac14 = \frac1{16}

Hence, the probability that all four pennies will be tails is (1/16).

Learn more about Probability:

brainly.com/question/795909

#SPJ2

Answer:

1/16

Step-by-step explanation:

holly earns 30 babysitting 5hours she earns 28 dollars when she does chores 4 hours witch compares the unit rates ​

Answers

Answer:

c

Step-by-step explanation:

Final answer:

Holly earns $6 per hour for babysitting and $7 per hour for chores, meaning she earns more per hour when doing chores.

Explanation:

The question is about comparing the unit rates between Holly's babysitting job and her chore earnings. Unit rate refers to the amount of money earned per hour. Here's how we calculate it:

  • For babysitting, Holly earns $30 for 5 hours. So, the unit rate for babysitting would be $30/5 = $6 per hour.
  • For chores, Holly earns $28 for 4 hours. So, the unit rate for chores would be $28/4 = $7 per hour.

So, Holly earns more per hour when she is doing chores compared to when she's babysitting.

Learn more about Unit Rate here:

brainly.com/question/11258929

#SPJ12

The function h(x) = –2x2 + 8x written in vertex form is h(x) = –2(x – 2)2 + 8. The function h(x) is shown on the graph along with the parent function, f(x) = x2.Which statement is true concerning the vertex and axis of symmetry of h(x)?

The vertex is at (0, 0) and the axis of symmetry is x = 2.
The vertex is at (0, 0) and the axis of symmetry is y= 2.
The vertex is at (2, 8) and the axis of symmetry is x = 2.
The vertex is at (2, 2) and the axis of symmetry is y = 2.

Answers

The general vertex form of a quadratic function is this: h(x) = -a(x-h) + k.
The vertex is at (h,k) and the axis of symmetry is at x=h.

Using this, the true statement among the choices is this:
The vertex is at (2, 8) and the axis of symmetry is x = 2.

Answer: C. The vertex is at (2, 8) and the axis of symmetry is x = 2.

Step-by-step explanation:

This answer is 100% correct for edge.nuity users and also e2020.

A househelp receives as salary of 36,000 a year with a contract of 250 annual increase for 7 years. What is his total income for 7 years? Show the solution

Answers

Answer:

The total income is 257,250

Step-by-step explanation:

The initial value of salary is 36,000 a year with an increase of 250 every year. Next is presented the salary table of each year:

  Year       Salary

  1.          36,000
  2.          36,250
  3.          36,500
  4.          36,750
  5.          37,000
  6.          37,250
  7.          37,500

To have the total income you have to sum all the value of the seven years.

Total income = 36,000 + 36,250 + 36,500 + 36,750 + 37,000 + 37,250 + 37,500 = 257,250 is the total income for the 7 years.

An 8-sided fair die is rolled twice and the product of the two numbers obtained when the die is rolled two times is calculated.(a) Draw the possibility diagram of the product of the two numbers appearing on the die in each throw (b) Use the possibility diagram to calculate the probability that the product of the two numbers is I) A prime number ii) Not a perfect square iii) A multiple of 5 iv) Less than or equal to 21 v) Divisible by 4 or 6

Answers

Answer:

(a) Shown below.

(b) Explained below.

Step-by-step explanation:

(a)

The sample space of rolling an 8-sided die twice is as follows:

S = {(1 , 1) , ( 1 , 2) , ( 1, 3) , ( 1, 4 ) , ( 1, 5) , ( 1 , 6 ) , ( 1, 7 ) , ( 1, 8) ,

        (2 , 1) , (2 , 2) , ( 2, 3) , ( 2, 4 ) , ( 2, 5) , (2 , 6 ) , ( 2, 7 ) , ( 2, 8) ,

        (3 , 1) , ( 3, 2) , ( 3, 3) , ( 3, 4 ) , ( 3, 5) , ( 3 , 6 ) , (3, 7 ) , ( 3, 8) ,

        (4, 1) , ( 4 , 2) , ( 4, 3) , ( 4, 4 ) , ( 4, 5) , (4 , 6 ) , (4, 7 ) , (4, 8) ,

        (5, 1) , ( 5 , 2) , ( 5, 3) , (5, 4 ) , ( 5 ,5) , (5, 6 ) , ( 5, 7 ) , ( 5, 8) ,

        (6 , 1) , ( 6 , 2) , ( 6, 3) , (6, 4 ) , ( 6, 5) , (6 , 6 ) , ( 6, 7 ) , ( 6, 8) ,

        (7 , 1) , ( 7 , 2) , ( 7, 3) , ( 7, 4 ) , ( 7 , 5) , ( 7, 6 ) , ( 7, 7 ) , (7, 8) ,

        (8 , 1) , ( 8 , 2) , (8, 3) , ( 8, 4 ) , ( 8, 5) , ( 8 , 6 ) , ( 8, 7 ) , ( 8, 8)}

There are a total of N = 64 elements.

(b)

(i)

The product of the two numbers is a prime number:

Product is a prime number samples:

2 = ( 1, 2)  , ( 2, 1)

3  = ( 1 , 3) , ( 3 , 1)

5 = ( 1, 5) , ( 5 , 1)

7 = ( 1, 7) , ( 7 , 1)

Number of samples, n = 8

P (Product is a prime number) = 8/64 = 1/8 = 0.125.

(ii)

The product of the two numbers is not a perfect square :

Product is not a perfect square samples:

2 =  ( 1, 2)  , ( 2, 1)

3  = ( 1 , 3) , ( 3 , 1)

5 = ( 1, 5) , ( 5 , 1)

6 = ( 1, 6) , ( 2, 3) , ( 3, 2) , ( 6 , 1)

7 = ( 1, 7) , ( 7 , 1)

8 = ( 1 , 8) , ( 2, 4) , ( 4 , 2) , ( 8 , 1)

10 = ( 2, 5) , ( 5, 2)

12 = (2 , 6) , ( 3 , 4) , ( 4 3)  , ( 6 , 2)

14  = ( 2, 7) , ( 7 , 2)

15 = (3 , 5) , ( 5 , 3)

18 = ( 3, 6) , ( 6 , 3)

20 = ( 4, 5) , ( 5, 4)

21 = ( 3 , 7) , ( 7 , 3)

24 = ( 3 , 8) , ( 4 , 6 ) , ( 6 , 4) , ( 8 , 3)

28 = ( 4 , 7)  , ( 7 , 4)

30 = ( 5 , 6) , ( 6 ,5 )

32 = ( 4 , 8) , ( 8 , 4)

35 = ( 5 , 7) , ( 7 , 5)

40 = ( 5 , 8) , ( 8 , 5)

42 = ( 6 , 7) , ( 7 , 6)

48 = ( 6 , 8) , ( 8 , 6)

56 = ( 7 , 8) , ( 8 , 8)

Number of samples, n = 52

P (Product is not a perfect square) = 52/64 = 0.8125

(iii)

The product of the two numbers is a multiple of 5:

Product is a multiple of 5 samples:

5 = ( 1, 5) , ( 5 , 1)

10 = ( 2, 5) , ( 5, 2)

15 = (3 , 5) , ( 5 , 3)

20 = ( 4, 5) , ( 5, 4)

25 = ( 5 , 5)

30 = ( 5 , 6) , ( 6 ,5 )

35 = ( 5 , 7) , ( 7 , 5)

40 = ( 5 , 8) , ( 8 , 5)

Number of samples, n = 15

P (Product is a multiple of 5 ) = 15/64 = 0.2344.

(iv)

The product of the two numbers is less than or equal to 21:

Product is less than or equal to 21 samples:

1   =  ( 1, 1)

2 =  ( 1, 2)  , ( 2, 1)

3  = ( 1 , 3) , ( 3 , 1)

4 =   (1 , 4) , ( 2, 2) , ( 4, 1)

5 = ( 1, 5) , ( 5 , 1)

6 = ( 1, 6) , ( 2, 3) , ( 3, 2) , ( 6 , 1)

7 = ( 1, 7) , ( 7 , 1)

8 = ( 1 , 8) , ( 2, 4) , ( 4 , 2) , ( 8 , 1)

9 = ( 3, 3)

10 = ( 2, 5) , ( 5, 2)

12 = (2 , 6) , ( 3 , 4) , ( 4 3)  , ( 6 , 2)

14  = ( 2, 7) , ( 7 , 2)

15 = (3 , 5) , ( 5 , 3)

16  = (2 , 8) , ( 4 , 4) , ( 8 , 2)

18 = ( 3, 6) , ( 6 , 3)

20 = ( 4, 5) , ( 5, 4)

21 = ( 3 , 7) , ( 7 , 3)

Number of samples, n = 40

P (Product is less than or equal to 21) = 40/64 = 0.625.

(v)

The product of the two numbers is divisible by 4 or 6:

Product is divisible by 4 or 6 samples:

4 =   (1 , 4) , ( 2, 2) , ( 4, 1)

6 = ( 1, 6) , ( 2, 3) , ( 3, 2) , ( 6 , 1)

8 = ( 1 , 8) , ( 2, 4) , ( 4 , 2) , ( 8 , 1)

12 = (2 , 6) , ( 3 , 4) , ( 4 3)  , ( 6 , 2)

16  = (2 , 8) , ( 4 , 4) , ( 8 , 2)

18 = ( 3, 6) , ( 6 , 3)

20 = ( 4, 5) , ( 5, 4)

24 = ( 3 , 8) , ( 4 , 6 ) , ( 6 , 4) , ( 8 , 3)

28 = ( 4 , 7)  , ( 7 , 4)

30 = ( 5 , 6) , ( 6 ,5 )

32 = ( 4 , 8) , ( 8 , 4)

36 = (6 , 6)

40 = ( 5 , 8) , ( 8 , 5)

42 = ( 6 , 7) , ( 7 , 6)

48 = ( 6 , 8) , ( 8 , 6)

56 = ( 7 , 8) , ( 8 , 8)

64 = ( 8 , 8)

Number of samples, n = 42

P (Product is less than or equal to 21) = 42/64 = 0.6563.