A shoe company will make a new type of shoe. The fixed cost for the production w

Question

A shoe company will make a new type of shoe. The fixed cost for the production will be $14,000. The variable cost will be $28 per pair of shoes. The shoes will sell for $98 for each pair. What is the profit it 600 pairs are sold? Midtown Delivery Service delivers packages which cost per package to deliver. The fixed cost to run the delivery truck is per day. If the company charges per package, how many packages must be delivered daily to break even? The delay of 330 mg of on isotope is given by A(t) = 336e^0.0t where t is time In years. Find the amount left after 88 years. Explain how the graph ot y = 2^-3 + 3 can be obtained from the graph of y = 2*. Find f (x) at the given value of x. Use the limit definition of the first derivative. Show computation in

Explanation / Answer

Total Profit on selling 600 pairs = the amount earned after selling 600 pair of shoes - the fixed cost - the total variable cost

total variable cost = variable cost per pair * number of pairs = 28*600 = $ 16800

the fixed cost = $ 14,000

money earned on selling 600 pairs = 98*600 = $ 58800

= > total profit = 58800 - 14000 - 16800 = $ 28000

hence the profit is = $ 28000

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