Results 1 to 2 of 2

Math Help - Breakeven point

  1. #1
    Newbie
    Joined
    Feb 2010
    Posts
    2

    Exclamation Breakeven point

    A company has researched their market and found that they can market as many items at $1.37 each as they can produce in a day. If the Cost is C = $1.05x + $300, find the breakeven point.
    Follow Math Help Forum on Facebook and Google+

  2. #2
    MHF Contributor

    Joined
    Apr 2005
    Posts
    15,417
    Thanks
    1328
    Quote Originally Posted by tamaram1120 View Post
    A company has researched their market and found that they can market as many items at $1.37 each as they can produce in a day. If the Cost is C = $1.05x + $300, find the breakeven point.
    So if they manufacture x items they can sell them at $1.37 and make a gross profit of 1.37x dollars.

    The "break even point" is when their gross profit equals their cost:
    Solve 1.05x+ 300= 1.37x.
    Follow Math Help Forum on Facebook and Google+

Similar Math Help Forum Discussions

  1. [SOLVED] Breakeven
    Posted in the Business Math Forum
    Replies: 4
    Last Post: July 8th 2010, 01:01 PM
  2. Replies: 0
    Last Post: March 8th 2010, 01:58 PM
  3. Cost/breakeven/profit
    Posted in the Algebra Forum
    Replies: 3
    Last Post: January 19th 2010, 05:16 PM
  4. Replies: 0
    Last Post: September 16th 2009, 08:26 AM
  5. Breakeven? IRR?
    Posted in the Business Math Forum
    Replies: 0
    Last Post: September 11th 2008, 04:21 PM

Search Tags


/mathhelpforum @mathhelpforum