Cost Equation Assignment | Assignment Help Services
A business wants to manufacture laptops. Before they start production, they need to make sure they can make a profit with the materials and labor force they have.
Their accountant has given them a cost equation of y=0.5x+2900 and a revenue equation of y=0.55x
Calculate and interpret the break-even point.
The break-even point tells us that the cost for producing laptops is $