Answer to Question #20480 in Calculus for Riley

Question

Northwest Molded molds plastic handles which cost $0.70 per handle to mold. The fixed cost to run the molding machine is $5799 per week. If the company sells the handles for $
3.70 each, how many handles must be molded weekly to break even?

Answer 1

Break even point can be find as following:
Fixed costs / (Price – variable costs) = Q
Q= 5799/ (3.70-0.7)=1933
&