Tabitha

Tabitha manufactures a product that sells very well. The capacity of her facility is 241,000 units per year. The fixed costs are \$122,000 per year and the variable costs are \$11 per unit. The product currently sells for \$17.

a. What total revenue is required for a net income of \$397,000 per year?

b. If sales were at 55% of the capacity and the variable costs decreased by 25%, what would be the net income per year?

Result

a =  3170000
b =  143100

Solution:

397000 = a - (122000+11*241000)

a = 3170000

a = 3170000

Calculated by our simple equation calculator.

b = 17 * 241000 * 0.55 - (122000 + 11*(1-0.25)*241000)

b = 143100

b = 143100

Calculated by our simple equation calculator.

Leave us a comment of this math problem and its solution (i.e. if it is still somewhat unclear...): Be the first to comment! To solve this verbal math problem are needed these knowledge from mathematics:

Our percentage calculator will help you quickly calculate various typical tasks with percentages. Do you have a linear equation or system of equations and looking for its solution? Or do you have quadratic equation?

Next similar math problems:

1. Prices The price of the product was increased by 35%. How many percents of the new price we have to make it cheaper so that its price is equal to the original price?
2. Shopping center The shopping center buys from the manufacturer bikes at a purchase price of 180 €. It sells them for a sale price of 250 €. However, in the advertising for the sale of these goods, the shopping center spent 20% of the selling price of all bicycles in stock
3. Enterprise The value of annual production enterprise is 7.1 million USD. The average annual growth rate is 1.5%. What will be value of production at the end of the fifth year?
4. Commission 2 Mr gomez sells used cellphones. His commission for every cellphone sold is 20%. If his total sales is Php 33850, how much is his commission? Please, please, please show your solution.
5. Loss A bookstore purchased from a publisher the biography of a well-known politician for R15 per copy, but sales have been very poor. The manager has decided to mark the copies down to R12 each to make a quick sale. Calculate the loss on each book as a percenta
6. Profit gain If 5% more is gained by selling an article for Rs. 350 than by selling it for Rs. 340, the cost of the article is:
7. Theorem prove We want to prove the sentence: If the natural number n is divisible by six, then n is divisible by three. From what assumption we started? 55%+36%+88%+71%+100=63% what is whole (X)? Percents can be added directly together if they are taken from the same whole, which means they have the same base amount. .. . You would add the two percentages to find the total amount.
9. Borrowing I borrow 25,000 to 6.9% p.a.. I pay 500 per month. How much will I pay and for how long?
10. Summerjob The temporary workers planted new trees. Of the total number of 500 seedlings, they managed to plant 426. How many percents did they meet the daily planting limit?
11. Car repair John bought a car for a certain sum of money. He spent 10% of the cost to repairs and sold the car for a profit of Rs. 11000. How much did he spend on repairs if he made a profit of 20%?
12. Sum of money On a certain sum of money, invested at the rate of 10% compounded annually, the difference between the interests of the first year and the third year is 315 . Find the sum.
13. Electricity consumption cost Last year Karol family reduced its electricity consumption by 31% compared to the previous year and paid CZK 2883 less. How many CZK is electricity last year and how many two year ago?
14. Former price The price of an article is cut by 10℅, to restore it to the former value, by what percent the new price must be increased?
15. Merchant The merchant lower cost by 10% in December when it was not sold. Again in January lower cost by 20% and now costs 576 €. A. How much the goods stood originally? B, how much cost the goods after the first lowering? C, How many percents totally merchant lo
16. Company and employees There are 370 employees in the company - women are 15% less than men. How many men work in the company?
17. Reward Three workers have shared a common reward 13110 CZK follows: first worker got 35% less than the second and third worker got 20% more than the second worker. How much got each worker?