¶ … calculations it is necessary to show intermediate steps and formulas used, not just the final answer. Showing your work allows partial credit to be awarded in case the final answer is wrong. To receive credit (even if the answer is correct), you must show your work.
Suppose that you start a business manufacturing and selling bicycles, and it costs you $5,000 to get started. You determine that each bicycle will cost
$400 to manufacture. Explain why the linear equation gives your total cost to manufacture x bicycles ( in dollars).
x= number of bicycles sold y= total cost to manufacture x number of bicycles
The linear equation representing that relationship would be: y= 5000 + 400x.
A linear equation gives the total cost to manufacture x bicycles because it accounts for the $5,000 in start-up costs and then adds in the $400 per bicycle cost.
You decide to sell each bike for $600. What expression in x represents the revenue you will take in if you sell x bikes? Write an equation using to express your revenue when you sell x bikes ( in dollars).
x= number of bicycles sold y= total revenue
Therefore, the...
Form a system from the two equations in Exercises 30 and 31, and then solve
the system, assuming y1 =y2, that is, cost =revenue y= 5000 + 400x
y= 600x
600x= 5000 + 400x
600x -- 400x = 5000
200x= 5000
x=25
y= 600x
y=$15,000
33. The value of x from Exercise 32 is the number of bikes it takes to break even.
Fill in the blanks: When 25 bikes are sold, the break-even point is reached.
At that point, you have spent $15,000 dollars and taken in $15,000 dollars.
34. During their opening weekends, Spider-Man 3 and Shrek the Third
grossed a total of $272.7 million, with Spider-Man 3 grossing
$29.5 million more than Shrek the Third. How much did each of these movies earn during their opening weekends?
(Source: www.boxofficemojo.com)
m= Spider-Man 3
t= Shrek the Thrid
m + t = 272.7
m = 29.5 + t
29.5 + t + t = 272.7
29.5 + 2t = 272.7
2t= 272.7 -- 29.5
2t = 243.2
t = 243.2 /…
Managerial and Financial Accounting Case Managerial Accounting - Variable Costing Managerial accounting emphasizes short-term profit analysis, income statement important. Consequently, 'll examine discuss income statements case. Managerial and Financial Accounting Financial and managerial accounting basic difference comes on the uses. While, financial accounts are prepared for use by external parties, managerial accounts are prepared for use internally. The process of preparing the accounts in both financial and managerial accounting use similar source for
Size/Cooperative Learning & it's effects on participation Action Research Question Will cooperative learning have a significantly positive impact on smaller or larger classes? The purpose of this study was to investigate if cooperative learning will have a significantly positive impact on smaller or larger classes. In order to have valid results, I used both my largest and smallest classes as my sampling. I also incorporated a variety of teaching styles with cooperative
Corporate Finance 3a) This depends on the project. b) Better than the company or industry average, whichever is higher. C) Higher than the cost of capital. d) e) over 0. The objection is based on speculation. Since we do not know what the future reinvestment rate is going to be, we must work with the best information we have today. Again, the objection is the same. A complaint that we have less than
0 tool has little to do with its overall effectiveness in getting attaining learning goals and objectives for example. Controlling for the informality or formality of Web 2.0 tools use is required, as many instructors are relying on the conversational and broadcast functionality of social networks as a substitute for e-mail. Still, the informal aspects of social networking applications including Web 2.0 tools and their anticipated benefits as a learning
Steel can create a very durable and rugged car that will often outlast the animals that are drawing it. However aluminum is as durable and element resistant as well as being extremely lightweight and is often the material of choice for many countries. Pneumatic or inflatable tires also have been a boon to carts by helping to absorb some shock as well as to distributing the weight over a
Privatization of Healthcare Services in China Since 1980s Empirical Analysis related to Primary level Changes Insurance Financing Policy Data Presentation, Observations and Analysis Obstacles faced by Private Clinics Future Outlook China opened its door to the outside world and introduced economic reforms in 1980 with a shift from a controlled central economy to an open and market oriented economy. This project takes on the task of investigating the Chinese privatization of healthcare sector with special emphasis on private