Bakers' Club is trying to raise funds by selling premium chocolate chin cookies in a school...
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Bakers' Club is trying to raise funds by selling premium chocolate chin cookies in a school fair. The variable cost to make each cookie is P15.00 and it is being sold for P25.00 So far the organization has already shelled out P790.00 for the cookie sale a. Find the profit function Pfx) where x represents the number of cookies sold Hint Profit = Total Revenue - Total Cost Total Revenue - Price per unit x quantity sold Total Cost - Total variable cost + fixed cost b. If 146 cookies were sold, how much is the total profit? c. How many cookies must be made and sold to break even? Hint: Break even point is the zero of P(x) d. How many cookie should be sold to gain a profit of P250.00? Bakers' Club is trying to raise funds by selling premium chocolate chin cookies in a school fair. The variable cost to make each cookie is P15.00 and it is being sold for P25.00 So far the organization has already shelled out P790.00 for the cookie sale a. Find the profit function Pfx) where x represents the number of cookies sold Hint Profit = Total Revenue - Total Cost Total Revenue - Price per unit x quantity sold Total Cost - Total variable cost + fixed cost b. If 146 cookies were sold, how much is the total profit? c. How many cookies must be made and sold to break even? Hint: Break even point is the zero of P(x) d. How many cookie should be sold to gain a profit of P250.00? Bakers' Club is trying to raise funds by selling premium chocolate chin cookies in a school fair. The variable cost to make each cookie is P15.00 and it is being sold for P25.00 So far the organization has already shelled out P790.00 for the cookie sale a. Find the profit function Pfx) where x represents the number of cookies sold Hint Profit = Total Revenue - Total Cost Total Revenue - Price per unit x quantity sold Total Cost - Total variable cost + fixed cost b. If 146 cookies were sold, how much is the total profit? c. How many cookies must be made and sold to break even? Hint: Break even point is the zero of P(x) d. How many cookie should be sold to gain a profit of P250.00? Bakers' Club is trying to raise funds by selling premium chocolate chin cookies in a school fair. The variable cost to make each cookie is P15.00 and it is being sold for P25.00 So far the organization has already shelled out P790.00 for the cookie sale a. Find the profit function Pfx) where x represents the number of cookies sold Hint Profit = Total Revenue - Total Cost Total Revenue - Price per unit x quantity sold Total Cost - Total variable cost + fixed cost b. If 146 cookies were sold, how much is the total profit? c. How many cookies must be made and sold to break even? Hint: Break even point is the zero of P(x) d. How many cookie should be sold to gain a profit of P250.00? Bakers' Club is trying to raise funds by selling premium chocolate chin cookies in a school fair. The variable cost to make each cookie is P15.00 and it is being sold for P25.00 So far the organization has already shelled out P790.00 for the cookie sale a. Find the profit function Pfx) where x represents the number of cookies sold Hint Profit = Total Revenue - Total Cost Total Revenue - Price per unit x quantity sold Total Cost - Total variable cost + fixed cost b. If 146 cookies were sold, how much is the total profit? c. How many cookies must be made and sold to break even? Hint: Break even point is the zero of P(x) d. How many cookie should be sold to gain a profit of P250.00? Bakers' Club is trying to raise funds by selling premium chocolate chin cookies in a school fair. The variable cost to make each cookie is P15.00 and it is being sold for P25.00 So far the organization has already shelled out P790.00 for the cookie sale a. Find the profit function Pfx) where x represents the number of cookies sold Hint Profit = Total Revenue - Total Cost Total Revenue - Price per unit x quantity sold Total Cost - Total variable cost + fixed cost b. If 146 cookies were sold, how much is the total profit? c. How many cookies must be made and sold to break even? Hint: Break even point is the zero of P(x) d. How many cookie should be sold to gain a profit of P250.00?
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Related Book For
Statistical Techniques in Business and Economics
ISBN: 978-0078020520
16th edition
Authors: Douglas Lind, William Marchal
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