Question: Answer the following question typed : Problem 1. Break-Even Analysis. 15 points.A company has a fixed cost of $20,000 and a production cost of $10
Answer the following question typed : Problem 1. Break-Even Analysis. 15 points.A company has a fixed cost of $20,000 and a production cost of $10 for each disposable camera itmanufactures. Each camera sells for $15.a) What are the cost, revenue, and profit functions?b) Find the profit (loss) corresponding to production levels of 3500 and 4500 units, respectively.c) Sketch a graph of the cost and revenue functions.d) Find the break-even point for the company algebraically Following the exact example reference I'm a going to provide in the imagine below

Problem 1. Break-Even Analysis. 15 points. A company has a fixed cost of $30.000 and a production cost of $10 for each disposable camera it manufactures. Each camera sells for $15. a) What are the cost, revenue, and profit functions? b) Find the profit (loss) corresponding to production levels of 5775 and 6250 units, respectively. c) Sketch a graph of the cost and revenue functions. d) Find the break-even point for the company algebraically. Solution: ( 2) C (x ) = 10 x + 30000 R(x)= 15x P(x) = R(x) - ((x) = 15x- (10x+ 30000) = 5x- 30000 (6) P (5775) = 5(5775)-30000= - 1, 125 ( Loss) P (6250) = 5 (6250) - 30000 = $1, 250 (PROFIT ) ( c ) FR (X ) = 15 x 90 C(x ) = 10x+ 30 000 80 + A ( 6 , 90 ) 70 REVENUE $ ( IN THOUSANDS) 30 20 2- 3 - 4 5- 6 - 7 X (d) CAMERAS PRODUCED ( IN THOUSANDS ) BREAK- EVEN POINT: R(x) = C(x ) 15 x = 10* +30000 Plus x= 6 INTO ETTHOR R(X) OR C (x) AND WE - 10x - 10x GET THAT 4= 90. THUS THE BREAKEVEN PAINT 5 x = 30600. IS ( 6, 90). 5 x= 6
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