A factory has fixed overheads of 600 per week and produces packets of sweets at...

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A factory has fixed overheads of £ 600 per week and produces packets of sweets at a cost of 60p each which are then sold for 75p.Write models of total revenue and total expenditure From your models estimate, (i) The numbers of packets the factory must produce to break even with revenue equal to expenditure. (ii) The number of packets which results in a net profit of £ 210 per week. (iii) The number of packets which results in a net loss £ 200 per week. (6) A factory has fixed overheads of £ 600 per week and produces packets of sweets at a cost of 60p each which are then sold for 75p.Write models of total revenue and total expenditure From your models estimate, (i) The numbers of packets the factory must produce to break even with revenue equal to expenditure. (ii) The number of packets which results in a net profit of £ 210 per week. (iii) The number of packets which results in a net loss £ 200 per week. (6)

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The question asks us to create models for total revenue and total expenditure and then use those mod... View the full answer