Homework Help: Math

Posted by LimaBeans93 on Tuesday, January 24, 2012 at 9:13pm.

A DVD producer has fixed costs (factory, machinery, and money paid to the recording artist) of $406,000. Additionally, for every DVD produced, the company spends $5 for materials and labor. The DVDs can be sold for $12 each.
a) Define a function, which gives the producer’s total cost in terms of the number of DVDs produced.

b) Define another function, which gives the total revenue in terms of the number of DVDs sold.

(c) Graph both the functions on the same set of axes.

(d) Locate the point of intersection.

(e) How many DVDs must they produce so that cost equals revenue (they breakeven)?

Math - Steve, Wednesday, January 25, 2012 at 12:38pm
c = 406000 + 5n
r = 12n

at breakeven, c=r
406000+5n=12n
406000=7n
n = 58000

Answer this Question

Related Questions

math - The fixed costs of oreparting a business are the costs include rent, ...
accounting - 2. Illustrate effects on the accounts and financial statements of ...
statistics - Assume that you own a small factory. A critical piece of machinery ...
business - Construction of a new plant: Architect's fees $ 4,000 Cash paid ...
Economics - The accompanying table shows a car manufacturer’s total cost of...
accounting - The Bags and Luggage Company had the following account balances as...
accounting - Looking at this question and not sure why fixed cost is 2,000 and ...
accounting - "Harris Company manufactures and sells a single product. A ...
Managerial Accounting - The gross earnings of the factory workers for Vargas ...
marketing - 1.A store has fixed costs of 80,000 and an avarage gross margin of ...

For Further Reading

First Name:
School Subject:
Answer: