A small plant manufacturing riding mowers.  The plant has fixed costs (leases, insurance, etc.) of $49,300 per day and variable costs (labor, materials, etc.) of $1,232 per mower produced.  The mowers are sold for $1,958 each.  The resulting cost and revenue equations are 

y=y= 49,300 ++ 1,232 xx	Cost equation
y=y= 1,958 xx	Revenue equation

where xx is the total number of mowers produced and sold each day.  The daily costs and revenue are in dollars.

How many mowers must be manufactured and sold each day for the company to break even?

Answer rating: 100% (QA)

To find the breakeven point we need to determine the number of mowers x that makes the revenue ... View the full answer