Homework Help is Here – Start Your Trial Now!
Math
Calculus
A small manufacturing company that produces and sells snow boots has variable costs of $65 per pair of boots. The fixed costs are $2,300 per month and it has to sell 85 pairs of boots to break even. a. What is the total revenue at the break-even point? S0.00 Round to the nearest cent b. What is the selling price per pair of boots? S0.00 Round to the nearest cent SAVE

A small manufacturing company that produces and sells snow boots has variable costs of $65 per pair of boots. The fixed costs are $2,300 per month and it has to sell 85 pairs of boots to break even. a. What is the total revenue at the break-even point? S0.00 Round to the nearest cent b. What is the selling price per pair of boots? S0.00 Round to the nearest cent SAVE

Intermediate Algebra
Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.4: Solve Mixture And Uniform Motion Applications
Problem 2.94TI: Phuong left home on his bicycle at 10:00. He rode on the flat street until 11:15, then rode uphill...
See similar textbooks
icon
Related questions
Question
A small manufacturing company that produces and sells snow boots has variable costs of $65 per pair of boots. The fixed costs are $2,300 per month and it has to sell 85 pairs of boots to break even. a. What is the total revenue at the break-even point? 50.00 Round to the nearest cent b. What is the selling price per pair of boots? S0.00 Round to the nearest cent SAVE 9°C hp
Transcribed Image Text:A small manufacturing company that produces and sells snow boots has variable costs of $65 per pair of boots. The fixed costs are $2,300 per month and it has to sell 85 pairs of boots to break even. a. What is the total revenue at the break-even point? 50.00 Round to the nearest cent b. What is the selling price per pair of boots? S0.00 Round to the nearest cent SAVE 9°C hp
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
Elementary Algebra
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
SEE MORE TEXTBOOKS