Algebra

A company manufactures high-end racing bicycles. The total cost to manufacture 28 bikes is \$25005. The daily fixed costs are \$2605. Fixed costs refers to expenses that must be paid even when producing zero bikes, such as rent, utilities, etc. Assume that total cost, C, is linearly related to the number of bicycles, x, that the company manufactures.

The cost function is:

1. 👍 0
2. 👎 0
3. 👁 164
1. C = 2605 + (25005/28)x

1. 👍 0
2. 👎 0
posted by John

Similar Questions

1. algebra

A company that manufactures bikes has a fixed cost of \$8,000. It cost \$800 to produce each bike. The total cost for the company is a sum of fixed cost and variable costs. Write the total cost, C, as a function of the number of

asked by pam on July 12, 2015
2. math 11

Please help this question is from my unit on linear programing and I'm having trouble completing it. A company manufactures bicycles and tricycles. The total number of frames the company manufactures cannot exceed 80 per month. It

3. math (linear programing problem)

Please help this question is from my unit on linear programing and I'm having trouble completing it. A company manufactures bicycles and tricycles. The total number of frames the company manufactures cannot exceed 80 per month. It

4. Algebra

The RideEm Bicycles factory can produce 140 bicycles in a day at a total cost of \$10,200 and it can produce 160 bicycles in a day at a total cost of \$10,900. What are the company's daily fixed costs? What is the marginal cost per

asked by Sandie on February 19, 2012
5. Algebra 2

SOLVE FOR USING SUBSTITUTION OR ELIMINATION A bicycle manufacturer builds racing bikes and mountain bikes. Materials for the racing bike cost \$110 while labor to build them is \$120. Materials for the mountain bike cost \$140 and

asked by Tina on September 17, 2018
1. Math

SOLVE FOR USING SUBSTITUTION OR ELIMINATION A bicycle manufacturer builds racing bikes and mountain bikes. Materials for the racing bike cost \$110 while labor to build them is \$120. Materials for the mountain bike cost \$140 and

asked by Tina on September 17, 2018
2. Math

A bicycle manufacturer builds racing bikes and mountain bikes. Materials for the racing bike cost \$110 while labor to build them is \$120. Materials for the mountain bike cost \$140 and labor is \$180. The company budgeted \$31,800

asked by Tina on September 17, 2018
3. Algebra

A bicycle manufacturer builds racing bikes and mountain bikes. Materials for the racing bike cost \$110 while labor to build them is \$120. Materials for the mountain bike cost \$140 and labor is \$180. The company budgeted \$31,800

asked by Tina on September 17, 2018
4. Algebra 2

A bicycle manufacturer builds racing bikes and mountain bikes. Materials for the racing bike cost \$110 while labor to build them is \$120. Materials for the mountain bike cost \$140 and labor is \$180. The company budgeted \$31,800

asked by Tina on September 17, 2018
5. Algebra 2

A company manufactures bicycles in 8 different styles. Each style comes in 7 different colors. How many different bicycles does the company make?

asked by Ariel on May 21, 2010

More Similar Questions