A manufacturing company has to produce and sell 226 items every month to break even. The company's fixed costs are $2,290.50 per month and variable costs are $12.00 per item. a. What is the total revenue at the break-even point? Round to the nearest cent     b. What is the selling price per item? Round to the nearest cent

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter1: Equations, Inequalities, And Mathematical Modeling
Section1.3: Modeling With Linear Equations
Problem 3ECP: Your family has annual loan payments equal to 28 of its annual income. During theyear, the loan...
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A manufacturing company has to produce and sell 226 items every month to break even. The company's fixed costs are $2,290.50 per month and variable costs are $12.00 per item.

a. What is the total revenue at the break-even point? Round to the nearest cent

 
 
b. What is the selling price per item? Round to the nearest cent
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