A company invests $19,000 to produce a product that will sell for $56.85. Each unit costs $9.20 to produce. (Round your answers to the nearest whole number.) (a) How many units must the company sell to break even? units (b) How many units must the company sell to make a profit of $95,000? units

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter24: Percent Practical Applications
Section: Chapter Questions
Problem 39A: Allowing for scrap, a firm produced 1890 pieces. The number produced is 8% more than the number of...
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A company invests $19,000 to produce a product that will sell for $56.85. Each unit costs $9.20 to produce. (Round toy answers to the nearest whole number.)
A company invests $19,000 to produce a product that will sell for $56.85. Each unit costs $9.20 to produce. (Round your answers
to the nearest whole number.)
(a) How many units must the company sell to break even?
units
(b) How many units must the company sell to make a profit of $95,000?
units
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Transcribed Image Text:A company invests $19,000 to produce a product that will sell for $56.85. Each unit costs $9.20 to produce. (Round your answers to the nearest whole number.) (a) How many units must the company sell to break even? units (b) How many units must the company sell to make a profit of $95,000? units Need Help? Read It Submit Answer
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