Suppose the weekly cost for the production and sale of bicycles is C(x)=30x+4367 dollars and that the total revenue is given by R(x)=89x dollars, where x is the number of bicycles. a.Write the equation of the function that models the weekly profit from the production and sale of x bicycles. b.What is the profit on the production and sale of 150bicycles? c. Write the function that gives the average profit per bicycle. d.are produced and sold?

Suppose the weekly cost for the production and sale of bicycles is C(x)=30x+4367 dollars and that the total revenue is given by R(x)=89x dollars, where x is the number of bicycles. a.Write the equation of the function that models the weekly profit from the production and sale of x bicycles. b.What is the profit on the production and sale of 150bicycles? c. Write the function that gives the average profit per bicycle. d.are produced and sold?

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter3: Cost Behavior And Cost Forecasting

Section: Chapter Questions

Problem 3DQ: Suppose a company finds that shipping cost is 3,560 each month plus 6.70 per package shipped. What...

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