Question

you determine that it is feasible to sell your specialty pizzas for $15. The cost for making the pizzas includes a fixed cost of $55 and a labor cost of $4 per pizza.

•Establish an equation to determine revenue.
•Establish an equation to determine total cost.
•How many pizzas must be sold to break even (i.e., you experience neither a profit nor a loss)?
As a business owner, it is very important to have an understanding of profit and loss. The formula for determining profit is Profit = revenue – cost (P = R – C).

•Determine the profit if 500 specialty pizzas are sold.
•How many spe

Answer 1

let x= number of pizza

R=15x
C=55+4x
break even---> 15x=55+4x
11x=55
x=5
so 5 pizzas must be sold to break even

P = R – C
= 15x - (55+4x)
= 11x -55 for x=500

P = 5500 -55 = 5445

Answer 2

the last question is missing something!!

Answer 3

How many pizzas would need to be sold to make a profit of $1,100?
How many pizzas would need to sell if you wanted to make a profit greater than $1,595

Answer 4

so replace P=1100 and calculate x

for the other one
11x -55 >1595 also solve for x

can you do them by yourself??

Answer 5

I will try and thanks for the help

Answer 6

0k.. if you face any problem tell me and i'll try to help ;)

Answer 7

I'm having problems solving this.