Results 1 to 2 of 2

Math Help - Break even point

  1. #1
    Newbie
    Joined
    May 2008
    Posts
    3

    Break even point

    A Chocolate Factory sells a box of choclate for $14 each. The total cost consists of a fixed overhead of $3600 per month plus production costs of $8 per chocolate box. Find the break even point.

    Please help. Thanks
    Follow Math Help Forum on Facebook and Google+

  2. #2
    Super Member

    Joined
    May 2006
    From
    Lexington, MA (USA)
    Posts
    11,716
    Thanks
    634
    Hello, Greenbaumenom!

    This is not an Advanced Probability and Statistics problem.
    . . It more like Algebra 1.


    A chocolate factory sells a box of chocolates for $14 each.
    The total cost is a fixed overhead of $3600 per month plus production costs of $8 per box.
    Find the break-even point.

    Let x = number of boxes of chocolates.

    At $14 per box, Total Revenue: .  14x dollars.

    The production cost per box is $8: . 8x dollars, plus a fixed cost of \$3600.
    . . Total Cost: . 8x + 3600 dollars.


    The break-even point occurs when Total Revenue equals Total Cost.

    . . Solve: . 14x \:=\:8x + 3600

    Follow Math Help Forum on Facebook and Google+

Similar Math Help Forum Discussions

  1. Break even point
    Posted in the Business Math Forum
    Replies: 8
    Last Post: June 9th 2010, 12:17 PM
  2. break even point
    Posted in the Business Math Forum
    Replies: 1
    Last Post: March 31st 2010, 02:43 AM
  3. Break Even Point
    Posted in the Business Math Forum
    Replies: 2
    Last Post: October 19th 2009, 11:41 AM
  4. Break even point
    Posted in the Business Math Forum
    Replies: 0
    Last Post: March 22nd 2008, 10:01 AM
  5. Help needed with break point/change point models.
    Posted in the Advanced Statistics Forum
    Replies: 0
    Last Post: October 4th 2007, 04:41 AM

Search Tags


/mathhelpforum @mathhelpforum