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Mathematics 27 Online
OpenStudy (princessaurora):

*Will fan and Medal* Mr. Brown is starting a company that manufactures herbal oil. He decides to produce 200 bottles during the first month. The fixed cost per month is $3,680, and the variable cost for 200 bottles is $962. If Mr. Brown wants to break even in the first month, he should sell each bottle of oil for $?

OpenStudy (anonymous):

u have to add up the money then subtract

OpenStudy (princessaurora):

What do I subtract?

OpenStudy (princessaurora):

Is there a formula to use?

OpenStudy (anonymous):

divide 368 bye 200

OpenStudy (princessaurora):

1.84?

OpenStudy (anonymous):

3698 divide bye 200

OpenStudy (princessaurora):

nevermind, haha

OpenStudy (princessaurora):

Thanks a lot!

OpenStudy (anonymous):

u got it

OpenStudy (anonymous):

4.81 take cost of 200 bottles divide by number of bottles then divide fixed cost by number of bottles add to cost per bottle 23.21 total

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