A company has fixed costs of $24,000 per month and variable costs of $5.10 per unit manufactured. (Fixed costs are those that occur regardless of the level of production. Variable costs depend on the number of units manufactured.)
A) Find a formula that describes the total monthly costs, C, for the company as a function of the number of units manufactured, x.Write your answer in slope-intercept form, .
B) If the company manufactures 600 units what will their monthly costs be?
C) If the company has $27,570 available to cover the monthly costs, how many units can the company manufacture?

Question

A company has fixed costs of $24,000 per month and variable costs of $5.10 per unit manufactured. (Fixed costs are those that occur regardless of the level of production. Variable costs depend on the number of units manufactured.)
A) Find a formula that describes the total monthly costs, C, for the company as a function of the number of units manufactured, x.Write your answer in slope-intercept form, . 
B) If the company manufactures 600 units what will their monthly costs be? 
C) If the company has $27,570 available to cover the monthly costs, how many units can the company manufacture?

Quizplus · Accepted Answer

The Answer of A company has fixed costs of $24,000 per month and variable costs of $5.10 per unit manufactured. (Fixed costs are those that occur regardless of the level of production. Variable costs depend on the number of units manufactured.)
A) Find a formula that describes the total monthly costs, C, for the company as a function of the number of units manufactured, x.Write your answer in slope-intercept form, . 
B) If the company manufactures 600 units what will their monthly costs be? 
C) If the company has $27,570 available to cover the monthly costs, how many units can the company manufacture?

A Company Has Fixed Costs of $24,000 Per Month and Variable