Home Creations Inc. produces outdoor garden swings. For the first year, the fixed set-up costs are $77,000. The variable costs for producing each swing are $140. The revenue from each swing is $250. Find the following. a) The total cost C(x) of producing x swings b) The total revenue R(x) from the sale of x swings c) The total profit P(x) from the production and sale of x swings d) The profit or loss from production and sale of 500 swings; of 850 swings e) The break-even point

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter12: Algebra Of Matrices
Section12.CR: Review Problem Set
Problem 37CR
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20. Home Creations Inc. produces outdoor garden swings. For the first
year, the fixed set-up costs are $77,000. The variable costs for
producing each swing are $140. The revenue from each swing is
$250. Find the following.
a) The total cost C(x) of producing x swings
b) The total revenue R(x) from the sale of x swings
c) The total profit P(x) from the production and sale of x swings
d) The profit or loss from production and sale of 500 swings; of
850 swings
e) The break-even point
Transcribed Image Text:20. Home Creations Inc. produces outdoor garden swings. For the first year, the fixed set-up costs are $77,000. The variable costs for producing each swing are $140. The revenue from each swing is $250. Find the following. a) The total cost C(x) of producing x swings b) The total revenue R(x) from the sale of x swings c) The total profit P(x) from the production and sale of x swings d) The profit or loss from production and sale of 500 swings; of 850 swings e) The break-even point
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