A company has fixed operating costs of $1,709.00 per month with a production cost of $15.85 per unit. If each unit brings $34.74 in revenue, which of the following equations represents the profit for the month?

(Let x represent the number of units made per month and y represent the total profit for the month.)

Question

A company has fixed operating costs of $1,709.00 per month with a production cost of $15.85 per unit. If each unit brings $34.74 in revenue, which of the following equations represents the profit for the month?

(Let x represent the number of units made per month and y represent the total profit for the month.)

ash2326 · Answer

@mirandajoline_ What is the cost of producing x units?

anonymous · Answer

I'm not sure..

ash2326 · Answer

We have this info. in the question
$$\text{With a production cost of 15.85 per unit}$$ 
so
cost of producing x units is =
$$15.85 x$$
Do you get this?

anonymous · Answer

105.63 is your answer.

15.85x + 34.74 = 1,709.00

subtract 34.74 from both sides.

now it should look like this

$$\frac{ 15.85 }{ 1674.29 }$$

Answer is 105.63.

ash2326 · Answer

@jazzeejess The answer should be an equation in terms of x and y. Not a number

anonymous · Answer

@ash2326 really? That's strange because I've done this problem before and I was told I was right. Guess not. I would guess your right then :) Sorry about that @mirandajoline_

ash2326 · Answer

It clearly mentions
"which of the following equations represents the profit for the month?"

anonymous · Answer

My mistake, must be thinking of a problem like this then...