Question

The fixed cost to set up a manufacturing business for gizmos is $1200. In addition, each gizmo costs $12 to produce. What is the fewest number of gizmos that a manufacturer must sell at $20 a piece to break even on costs?

Answer 1

$1200(12)=$20x

$14400/20=x

720= x

Answer 2

Can any body tell me if this is right? thank you.

Answer 3

"each gizmo costs $12 to produce"
You would have 1200+12x=20x
1200=8x
x=150

Answer 4

Thank you.