Farris Billiard Supply sells all types of billiard equipment, and is considering

Question

Farris Billiard Supply sells all types of billiard equipment, and is considering manufacturing their own brand of pool cues. Mysti Farris, the produced manager, is currently investigating the production of a standard house pool cue that should be very popular. Upon analyzing the costs, Mysti determines the materials and labor cost for each cue is $25. and the fixed cost that must be covered is $2,400 per week. With a selling price of $40 each, how many pool cues must be sold to break even? What would the total revenue be at this break-even point?

Explanation / Answer

Your total cost is equal to 25x + 2400. Revenue = 40x where x represents each individual pool cue. Setting revenue equal to total cost, you get the break-even point. That would be: 40x = 25x + 2400 15x = 2400 x = 160 pool cues

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