Math
posted by kenny .
A shoe company will make a new type of running shoe. The fixed cost for the production will be $54,000. The marginal cost will be $25 per pair of shoes. The shoes will sell for $115 for each pair.
a) Write the cost function
b) Write the revenue function
c) Find the number of shoes that must be sold for the company to break even.
d) How many shoes must be sold for the company to profit $180,000.
Respond to this Question
Similar Questions

Math
A shoe manufacturer determines that the annual cost of making x pairs of one type of shoe is $30 per pair plus $100,000 in fixed overhead costs. Each pair of shoes that is manufactured is sold wholesale for $50. a. Find the equations … 
Managerial Accounting
The Fashion Shoe Company operates a chain of women’s shoe shops around the country. The shops carry many styles of shoes that are all sold at the same price. Sales personnel in the shops are paid a substantial commission on each … 
Calc BC
A shoe company will make a new type of running shoe. The fixed cost for the production will be $54,000. The marginal cost will be $25 per pair of shoes. The shoes will sell for $115 for each pair. a) Write the cost function b) Write … 
Calc BC
A shoe company will make a new type of running shoe. The fixed cost for the production will be $54,000. The marginal cost will be $25 per pair of shoes. The shoes will sell for $115 for each pair. a) Write the cost function b) Write … 
physics
You see a pair of shoes tied together by the laces and hanging over a telephone line. You throw a 0.21kg stone at one of the shoes (mass = 0.35 kg), and it collides elastically with the shoe with a velocity of 1.8 m/s in the horizontal … 
economics
# You produce shoes. Currently you produce 4 pairs of shoes at a total cost of %40. a)what is your average total cost (ATC) b)Suppose you could produce one more( fifth)pair at a marginal cost of $20. If you do produce that fifth pair … 
algebra
URGENT! How do you calculate for marginal cost against fixed cost. E.g., a company produces 2 pairs of shoes at $390.00. If it produces 1 more pair (making total production 3), total cost is $600.00. If no production is made, the fixed … 
math
A men's shoe store uses a markup rate of 115% on its most popular brands of shoes. If the shoe store buys a pair of popularbrand shoes for a wholesale price of $79, what will be the retail price of the shoes, to the nearest cent? 
Math
Mr. Logan purchased $390 in clothing (excluding sales tax). He bought 5 identical shirts, 3 identical pairs of pants and 2 identical pairs of shoes. Each pair of shoes cost twice the combined value of one shirt and a pair of pants. … 
Business Math
Craig runs a business importing shoes from Italy and selling them in Namibia. For the below questions (a – g), rounds your answers to cents (two decimal places). a) If the Euro / Namibian dollar exchange rate is € 1 = N$ 13.90 …