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sarahjdeering
24.11.2020 •
Mathematics
Rebotar Inc. makes basketballs. Their fixed costs are $3,450. Variable costs are $12 per basketball. If the basketball is priced at $25 and 300 basketballs are sold, did Rebotar break even? How do you know? Show all work
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Ответ:
Given:
Fixed cost = $3,450
Variable cost = $12 per basketball
Selling price = $25 per basketball
Number of basketball sold = 300
To find:
Whether Rebotar did break even.
Solution:
According to the question,
Cost of 1 basketball = $12
Cost of 300 basketball = $12×300
We know that,
Total cost = Fixed cost + Variable cost
So, the total cost is $7050.
Now,
Selling price of a basketball = $25
Selling price of 300 basketball = $25×300
Total revenue is
So, total revenue is $7500.
At break even situation the profit is zero. In other words, the total revenue is equal to total cost.
Since,
, therefore, Rebotar did not break even.
Ответ:
you ate about 357 pounds of food
Step-by-step explanation: