I need help with step one!
Scenario: Suppose your business makes high-grade PDAs, personal digital assistants. It costs you $80,000 a month for fixed costs, such as rent, employee salaries, and other essential items. Also, it costs $300 to make each PDA, called a unit. If you are able to sell each unit for $500, how many PDAs do you need to sell to break even?
Use this information as you complete the following solution steps.

Step 1: Set up the variables. Let x = the number of units
y = the cost/income (expense/revenue) in dollars

Question

I need help with step one!
Scenario: Suppose your business makes high-grade PDAs, personal digital assistants. It costs you $80,000 a month for fixed costs, such as rent, employee salaries, and other essential items. Also, it costs $300 to make each PDA, called a unit. If you are able to sell each unit for $500, how many PDAs do you need to sell to break even? 
Use this information as you complete the following solution steps. 

Step 1: Set up the variables. 	Let x = the number of units 
y = the cost/income (expense/revenue) in dollars

anonymous · Answer

@genius12