revenue

a store buys 48 candy bars. they sell the candy for .75 each Revenue = Cost per unit * # of Units Revenue = 0.75 * 48 Revenue = 36

A school spent $150 on advertising for a breakfast fundraiser. Each plate of food was sold for $8.00 but cost the school $2.00 to prepare. After all expenses were paid, the school raised $2,400 at the fundraiser. Which equation can be used to find x, the number of plates that were sold? Set up...

a bicycle store costs $3600 per month to operate. The store pays an average of $60 per bike. the average selling price of each bicycle is $100. how many bicycles must the store sell each month to break even? Cost function C(b) where b is the number of bikes: C(b) = Variable Cost + Fixed Cost...

Your profit for mowing lawns this week is $24. You are paid $8 per hour and you paid $40 for gas for the lawn mower. How many hours did you work this week? We know profit from the equation below: Revenue - Cost = Profit We're given Profit as 42, so we have: Revenue - Cost = 42 Let hours...

A company has a fixed cost of $34,000 and a production cost of $6 for each unit it manufactures. A unit sells for $15 Set up the cost function C(u) where u is the number of units is: C(u) = Cost per unit * u + Fixed Cost C(u) = 6u + 34000 Set up the revenue function R(u) where u is the number...

A shopkeeper buys a box of 20 cans of cola for $10. He sells the cans for 65 cents each. Work out his percentage profit. Calculate Revenue Revenue = Sale price per can * number of cans Revenue = 0.65 * 20 Revenue = 13 Calculate Profit given a cost of $10: Profit = Revenue - Cost Profit = 13 -...

Julia spends $1.75 on gas for her lawn mower. She earns $16.00 mowing her neighbor's yard. What is Julia's profit? Profit = Revenue - Cost Profit = 16.00 - 1.75 Profit = $14.25

Belle bought 30 pencils for $1560. She made a profit of $180. How much profit did she make on each pencil The cost per pencil is: 1560/30 = 52 Build revenue function: Revenue = Number of Pencils * Sales Price (s) Revenue = 30s The profit equation is: Profit = Revenue - Cost Given profit is...

A school theater group is selling candy to raise funds in order to put on their next performance. The candy cost the group $0.20 per piece. Plus, there was a $9 shipping and handling fee. The group is going to sell the candy for $0.50 per piece. How many pieces of candy must the group sell in...

A company makes toy boats. Their monthly fixed costs are $1500. The variable costs are $50 per boat. They sell boats for $75 a piece. How many boats must be sold each month to break even? Set up Cost function C(b) where t is the number of tapestries: C(b) = Cost per boat * number of boats +...

A company has a fixed cost of $26,000 / month when it is producing printed tapestries. Each item that it makes has its own cost of $34. One month the company filled an order for 2400 of its tapestries, selling each item for $63. How much profit was generated by the order? Set up Cost function...

A manufacturer has a monthly fixed cost of $100,000 and a production cost of $14 for each unit produced. The product sells for $20/unit. Let u be the number of units. We have a cost function C(u) as: C(u) = Variable cost * u + Fixed Cost C(u) = 14u + 100000 We have a revenue function R(u) with...

Isabel is making face mask. She spends $50 on supplies and plans on selling them for $4 per mask. How many mask does have to make in order to make a profit equal to $90? Set up the cost function C(m) where m is the number of masks: C(m) = supply cost C(m) = 50 Set up the cost function R(m)...

A toy company makes "Teddy Bears". The company spends $1500 for factory expenses plus $8 per bear. The company sells each bear for $12.00 each. How many bears must this company sell in order to break even? Set up the cost function C(b) where b is the number of bears: C(b) = Cost per bear * b +...

A pretzel factory has daily fixed costs of $1100. In addition, it costs 70 cents to produce each bag of pretzels. A bag of pretzels sells for $1.80. Build the cost function C(b) where b is the number of bags of pretzels: C(b) = Cost per bag * b + Fixed Costs C(b) = 0.70b + 1100 Build the...

Susan makes and sells purses. The purses cost her $15 each to make, and she sells them for $30 each. This Saturday, she is renting a booth at a craft fair for $50. Write an equation that can be used to find the number of purses Susan must sell to make a profit of $295 Set up the cost function...

A corn refining company produces corn gluten cattle feed at a variable cost of $84 per ton. If fixed costs are $110,000 per month and the feed sells for $132 per ton, how many tons should be sold each month to have a monthly profit of $560,000? Set up the cost function C(t) where t is the...

A manufacturer has a monthly fixed cost of $100,000 and a production cost of $12 for each unit produced. The product sells for $20/unit Cost Function C(u) where u is the number of units: C(u) = cost per unit * u + fixed cost C(u) = 12u + 100000 Revenue Function R(u) where u is the number of...

A company is planning to manufacture a certain product. The fixed costs will be $474778 and it will cost $293 to produce each product. Each will be sold for $820. Find a linear function for the profit, P , in terms of units sold, x . Set up the cost function C(x): C(x) = Cost per product * x +...

A company specializes in personalized team uniforms. It costs the company $15 to make each uniform along with their fixed costs at $640. The company plans to sell each uniform for $55. The cost function for "u" uniforms C(u) is given by: C(u) = Cost per uniform * u + Fixed Costs C(u) = 15u +...