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Suppose a company has fixed costs of $47,600 and variable cost per unit of 4/9x +...

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Question

Basic Math

Suppose a company has fixed costs of $47,600 and variable costper unit of 4/9x + 333 dollars,

where x is the total number of units produced. Supposefurther that the selling price of its product is

1767 ?5/9x dollars per unit.

(a) Find the break-even points. (Enter your answers as acomma-separated list.)
x =  

  

(b) Find the maximum revenue. (Round your answer to the nearestcent.)
$  

(c) Form the profit function P(x) from the costand revenue functions.
P(x) =  

  

Find maximum profit.
$  

(d) What price will maximize the profit? (Round your answer to thenearest cent.)
$

Answer & Explanation Solved by verified expert
4.0 Ratings (706 Votes)
Fixed cost is 47600 Variable cost is 4x9 333 Selling price per units 17675x9 per unit For break even Fixed cost variable cost unit number of units selling price number of    See Answer
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