A company that manufactures compact discs has fixed monthly overhead costs of $60,000. Each disc costs $0.18 to produce and sells for $0.30. How many discs should be produced and sold each month for the company to have a profit of at least $30,000?

A company that manufactures compact discs has fixed monthly overhead costs of $60,000. Each disc costs $0.18 to produce and sells for $0.30. How many discs should be produced and sold each month for the company to have a profit of at least $30,000?

Elementary Algebra

17th Edition

ISBN:9780998625713

Author:Lynn Marecek, MaryAnne Anthony-Smith

Publisher:Lynn Marecek, MaryAnne Anthony-Smith

Chapter2: Solving Linear Equations And Inequalities

Section2.6: Solve A Formula For A Specific Variable

Problem 2.117TI: Lee wants to drive from Phoenix to his brother’s apartment in San Francisco, a distance of 770...

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Question

A company that manufactures compact discs has fixed
monthly overhead costs of $60,000. Each disc costs $0.18
to produce and sells for $0.30. How many discs should be
produced and sold each month for the company to have a
profit of at least $30,000?

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