Friday
April 18, 2014

Homework Help: Algebra

Posted by Mandy on Tuesday, December 13, 2011 at 11:10am.

Based on surveys conducted in your area, you determine that it is feasible to sell your specialty pizzas for $15. The cost for making the pizzas includes a fixed cost of $55 and a labor cost of $4 per pizza.
Establish an equation to determine revenue. Establish an equation to determine total cost.
How many pizzas must be sold to break even (i.e., you experience neither a profit nor a loss)? Interpret your result.
As a business owner, it is very important to have an understanding of profit and loss. The formula for determining profit is Profit = revenue cost (P = R C).
Determine the profit if 500 specialty pizzas are sold. Interpret your result.
How many specialty pizzas would need to be sold to make a profit of $1,100? Interpret your result.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

algebra - you have just graduated from college and recently opened a specialty ...
algebra - Break-Even Analysis: A Look at Profit and Loss: As an entrepreneur, ...
math - As an entrepreneur, there are going to be many decisions that you need ...
MATH - As an entrepreneur, there are going to be many decisions that you need to...
algebra for business - As an entrepreneur, there are going to be many decisions...
manotriy - Surveys conducted in the months after 9/11 found a growing ...
Sociology - Why do Sociologist use Surveys and what type of data do they receive...
Math - Not sure how to phrase this question but - I want to know who won a ...
sample t-test - A major television network is trying to determine whether to ...
Algebra - Task Type: Individual Project Deliverable Length: 3 Parts: See ...

Search
Members