Fixed cost Variable cost No. of cupcake Total cost (FC+VC)   $420 $2.10 1 $422.10   $420 $42.00 20 $462.00   $420 $84.00 40 $504.00   $420 $126.00 60 $546.00   $420 $168.00 80 $588.00   $420 $210.00 100 $630.00     TC = $420 + 2.1x R= 4.90(x)   (I) Graph both functions on the same coordinate axes.(II) From your graph find coordinatae at which cost equals revenue.(III) Using your graph, determine how many cupcakes need to be made to produce revenueof at least $1,029.How much profit is made for this number of cupcakes?

Question

Fixed cost

Variable cost

No. of cupcake

Total cost (FC+VC)

 

$420

$2.10

1

$422.10

 

$420

$42.00

20

$462.00

 

$420

$84.00

40

$504.00

 

$420

$126.00

60

$546.00

 

$420

$168.00

80

$588.00

 

$420

$210.00

100

$630.00

 

 

TC = $420 + 2.1x

R= 4.90(x)

 

(I) Graph both functions on the same coordinate axes.
(II) From your graph find coordinatae at which cost equals revenue.
(III) Using your graph, determine how many cupcakes need to be made to produce revenue
of at least $1,029.How much profit is made for this number of cupcakes?

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