break even

A bicycle store costs $1500 per month to operate. The store pays an average of $60 per bike. The average selling price of each bicycle is $80. How many bicycles must the store sell each month to break even? Profit = Revenue - Cost Let the number of bikes be b. Revenue = 80b Cost = 60b + 1500 Break even is when profit equals 0, which means revenue equals cost. Set them equal to each other: 60b + 1500 = 80b We [URL='https://www.mathcelebrity.com/1unk.php?num=60b%2B1500%3D80b&pl=Solve']type this equation into our search engine[/URL] and we get: b = [B]75[/B]

A bicycle store costs $2750 per month to operate. The store pays an average of $45 per bike. The average selling price of each bicycle is $95. How many bicycles must the store sell each month to break even? Let the number of bikes be b. Set up our cost function, where it costs $45 per bike to produce C(b) = 45b Set up our revenue function, where we earn $95 per sale for each bike: R(b) = 95b Set up our profit function, which is how much we keep after a sale: P(b) = R(b) - C(b) P(b) = 95b - 45b P(b) = 50b The problem wants to know how many bikes we need to sell to break-even. Note: break-even means profit equals operating cost, which in this case, is $2,750. So we set our profit function of 50b equal to $2,750 50b = 2750 [URL='https://www.mathcelebrity.com/1unk.php?num=50b%3D2750&pl=Solve']We type this equation into our search engine[/URL], and we get: b = [B]55[/B]

a bicycle store costs $3600 per month to operate. The store pays an average of $60 per bike. the average selling price of each bicycle is $100. how many bicycles must the store sell each month to break even? Cost function C(b) where b is the number of bikes: C(b) = Variable Cost + Fixed Cost C(b) = Cost per bike * b + operating cost C(b) = 60b + 3600 Revenue function R(b) where b is the number of bikes: R(b) = Sale price * b R(b) = 100b Break Even is when Cost equals Revenue, so we set C(b) = R(b): 60b + 3600 = 100b To solve this equation for b, we [URL='https://www.mathcelebrity.com/1unk.php?num=60b%2B3600%3D100b&pl=Solve']type it in our math engine[/URL] and we get: b = [B]90[/B]

A book publishing company has fixed costs of $180,000 and a variable cost of $25 per book. The books they make sell for $40 each. [B][U]Set up Cost Function C(b) where b is the number of books:[/U][/B] C(b) = Fixed Cost + Variable Cost x Number of Units C(b) = 180,000 + 25(b) [B]Set up Revenue Function R(b):[/B] R(b) = 40b Set them equal to each other 180,000 + 25b = 40b Subtract 25b from each side: 15b = 180,000 Divide each side by 15 [B]b = 12,000 for break even[/B]

A coffee franchise is opening a new store. The company estimates that there is a 75% chance the store will have a profit of $45,000, a 10% chance the store will break even, and a 15% chance the store will lose $2,500. Determine the expected gain or loss for this store. Calculate the expected value E(x). Expected value is the sum of each event probability times the payoff or loss: E(x) = 0.75(45,000) + 0.1(0) + 0.15(-2,500) <-- Note, break even means no profit and no loss and a loss is denoted with a negative sign E(x) = 33,750 + 0 - 375 E(x) = [B]33,375 gain[/B]

A company makes toy boats. Their monthly fixed costs are $1500. The variable costs are $50 per boat. They sell boats for $75 a piece. How many boats must be sold each month to break even? [U]Set up Cost function C(b) where t is the number of tapestries:[/U] C(b) = Cost per boat * number of boats + Fixed Cost C(b) = 50b + 1500 [U]Set up Revenue function R(b) where t is the number of tapestries:[/U] R(b) = Sale Price * number of boats R(b) = 75b [U]Break even is where Revenue equals Cost, or Revenue minus Cost is 0, so we have:[/U] R(b) - C(b) = 0 75b - (50b + 1500) = 0 75b - 50b - 1500 = 0 25b - 1500 = 0 To solve for b, we [URL='https://www.mathcelebrity.com/1unk.php?num=25b-1500%3D0&pl=Solve']type this equation in our math engine[/URL] and we get: b = [B]60[/B]

A company specializes in personalized team uniforms. It costs the company $15 to make each uniform along with their fixed costs at $640. The company plans to sell each uniform for $55. [U]The cost function for "u" uniforms C(u) is given by:[/U] C(u) = Cost per uniform * u + Fixed Costs [B]C(u) = 15u + 640[/B] Build the revenue function R(u) where u is the number of uniforms: R(u) = Sale Price per uniform * u [B]R(u) = 55u[/B] Calculate break even function: Break even is where Revenue equals cost C(u) = R(u) 15u + 640 = 55u To solve for u, we [URL='https://www.mathcelebrity.com/1unk.php?num=15u%2B640%3D55u&pl=Solve']type this equation into our search engine[/URL] and we get: u = [B]16 So we break even selling 16 uniforms[/B]

A company that manufactures lamps has a fixed monthly cost of $1800. It costs $90 to produce each lamp, and the selling price is $150 per lamp. Set up the Cost Equation C(l) where l is the price of each lamp: C(l) = Variable Cost x l + Fixed Cost C(l) = 90l + 1800 Determine the revenue function R(l) R(l) = 150l Determine the profit function P(l) Profit = Revenue - Cost P(l) = 150l - (90l + 1800) P(l) = 150l - 90l - 1800 [B]P(l) = 60l - 1800[/B] Determine the break even point: Breakeven --> R(l) = C(l) 150l = 90l + 1800 [URL='https://www.mathcelebrity.com/1unk.php?num=150l%3D90l%2B1800&pl=Solve']Type this into the search engine[/URL], and we get [B]l = 30[/B]

A manufacturer has a monthly fixed cost of $100,000 and a production cost of $10 for each unit produced. The product sells for $22/unit. The cost function for each unit u is: C(u) = Variable Cost * Units + Fixed Cost C(u) = 10u + 100000 The revenue function R(u) is: R(u) = 22u We want the break-even point, which is where: C(u) = R(u) 10u + 100000 = 22u [URL='https://www.mathcelebrity.com/1unk.php?num=10u%2B100000%3D22u&pl=Solve']Typing this equation into our search engine[/URL], we get: u =[B]8333.33[/B]

A manufacturer has a monthly fixed cost of $100,000 and a production cost of $12 for each unit produced. The product sells for $20/unit [U]Cost Function C(u) where u is the number of units:[/U] C(u) = cost per unit * u + fixed cost C(u) = 12u + 100000 [U]Revenue Function R(u) where u is the number of units:[/U] R(u) = Sale price * u R(u) = 20u Break even point is where C(u) = R(u): C(u) = R(u) 12u + 100000 = 20u To solve for u, we [URL='https://www.mathcelebrity.com/1unk.php?num=12u%2B100000%3D20u&pl=Solve']type this equation into our search engine[/URL] and we get: u = [B]12,500[/B]

A manufacturer has a monthly fixed cost of $25,500 and a production cost of $7 for each unit produced. The product sells for $10/unit. Set up cost function where u equals each unit produced: C(u) = 7u + 25,500 Set up revenue function R(u) = 10u Break Even is where Cost equals Revenue 7u + 25,500 = 10u Plug this into our [URL='http://www.mathcelebrity.com/1unk.php?num=7u%2B25500%3D10u&pl=Solve']equation calculator[/URL] to get [B]u = 8,500[/B]

A motorist pays $4.75 per day in tolls to travel to work. He also has the option to buy a monthly pass for $80. How many days must he work (i.e. pass through the toll) in order to break even? Let the number of days be d. Break even means both costs are equal. We want to find when: 4.75d = 80 To solve for d, we [URL='https://www.mathcelebrity.com/1unk.php?num=4.75d%3D80&pl=Solve']type this equation into our search engine[/URL] and we get: d = 16.84 days We round up to an even [B]17 days[/B].

A rental truck costs $49.95+$0.59 per mile and another costs $39.95 plus $0.99, set up an equation to determine the break even point? Set up the cost functions for Rental Truck 1 (R1) and Rental Truck 2 (R2) where m is the number of miles R1(m) = 0.59m + 49.95 R2(m) = 0.99m + 39.95 Break even is when we set the cost functions equal to one another: 0.59m + 49.95 = 0.99m + 39.95 [URL='https://www.mathcelebrity.com/1unk.php?num=0.59m%2B49.95%3D0.99m%2B39.95&pl=Solve']Typing this equation into the search engine[/URL], we get [B]m = 25[/B].

A revenue function is R(x) = 22x and a cost function is C(x) = -9x + 341. The break-even point is Break even is when C(x) = R(x). So we set them equal and solve for x: -9x + 341 = 22x Typing[URL='https://www.mathcelebrity.com/1unk.php?num=-9x%2B341%3D22x&pl=Solve'] this equation into our search engine[/URL], we get: x = [B]11[/B]

A school spent $150 on advertising for a breakfast fundraiser. Each plate of food was sold for $8.00 but cost the school $2.00 to prepare. After all expenses were paid, the school raised $2,400 at the fundraiser. Which equation can be used to find x, the number of plates that were sold? Set up the cost equation C(x) where x is the number of plates sold: C(x) = Cost per plate * x plates C(x) = 2x Set up the revenue equation R(x) where x is the number of plates sold: R(x) = Sales price per plate * x plates C(x) = 8x Set up the profit equation P(x) where x is the number of plates sold: P(x) = R(x) - C(x) P(x) = 8x - 2x P(x) = 6x We're told the profits P(x) for the fundraiser were $2,400, so we set 6x equal to 2400 and solve for x: 6x = 2400 To solve this equation for x, we [URL='https://www.mathcelebrity.com/1unk.php?num=6x%3D2400&pl=Solve']type it in our math engine[/URL] and we get: x =[B]400 plates[/B]

A school theater group is selling candy to raise funds in order to put on their next performance. The candy cost the group $0.20 per piece. Plus, there was a $9 shipping and handling fee. The group is going to sell the candy for $0.50 per piece. How many pieces of candy must the group sell in order to break even? [U]Set up the cost function C(p) where p is the number of pieces of candy.[/U] C(p) = Cost per piece * p + shipping and handling fee C(p) = 0.2p + 9 [U]Set up the Revenue function R(p) where p is the number of pieces of candy.[/U] R(p) = Sale price * p R(p) = 0.5p Break-even means zero profit or loss, so we set the Cost Function equal to the Revenue Function 0.2p + 9 = 0.5p To solve this equation for p, we [URL='https://www.mathcelebrity.com/1unk.php?num=0.2p%2B9%3D0.5p&pl=Solve']type it in our math engine[/URL] and we get: p = [B]30[/B]

A toy company makes "Teddy Bears". The company spends $1500 for factory expenses plus $8 per bear. The company sells each bear for $12.00 each. How many bears must this company sell in order to break even? [U]Set up the cost function C(b) where b is the number of bears:[/U] C(b) = Cost per bear * b + factory expenses C(b) = 8b + 1500 [U]Set up the revenue function R(b) where b is the number of bears:[/U] R(b) = Sale Price per bear * b R(b) = 12b [U]Break-even is where cost equals revenue, so we set C(b) equal to R(b) and solve for b:[/U] C(b) = R(b) 8b + 1500 = 12b To solve for b, we [URL='https://www.mathcelebrity.com/1unk.php?num=8b%2B1500%3D12b&pl=Solve']type this equation into our search engine[/URL] and we get: b = [B]375[/B]

Free Break Even Calculator - Given a fixed cost, variable cost, and revenue function or value, this calculates the break-even point

Free Coupon Comparison Calculator - Given a cost of goods, a dollar off coupon, and a percentage off coupon, this calculator will compare the two deals and determine which one is of more value. If the dollar coupon wins, the calculator will project the break even price where the dollar coupon would surpass the percentage coupon

fixed cost 500 marginal cost 8 item sells for 30. Set up Cost Function C(x) where x is the number of items sold: C(x) = Marginal Cost * x + Fixed Cost C(x) = 8x + 500 Set up Revenue Function R(x) where x is the number of items sold: R(x) = Revenue per item * items sold R(x) = 30x Set up break even function (Cost Equals Revenue) C(x) = R(x) 8x + 500 = 30x Subtract 8x from each side: 22x = 500 Divide each side by 22: x = 22.727272 ~ 23 units for breakeven

Jennifer spent $11.25 on ingredients for cookies shes making for the school bake sale. How many cookies must she sale at $0.35 apiece to make profit? Let x be the number of cookies she makes. To break even, she must sell: 0.35x = 11.25 Use our [URL='http://www.mathcelebrity.com/1unk.php?num=0.35x%3D11.25&pl=Solve']equation calculator[/URL], and we get: x = 32.14 This means she must sell [B]33[/B] cookies to make a profit.

Soda cans are sold in a local store for 50 cents each. The factory has $900 in fixed costs plus 25 cents of additional expense for each soda can made. Assuming all soda cans manufactured can be sold, find the break-even point. Calculate the revenue function R(c) where s is the number of sodas sold: R(s) = Sale Price * number of units sold R(s) = 50s Calculate the cost function C(s) where s is the number of sodas sold: C(s) = Variable Cost * s + Fixed Cost C(s) = 0.25s + 900 Our break-even point is found by setting R(s) = C(s): 0.25s + 900 = 50s We [URL='https://www.mathcelebrity.com/1unk.php?num=0.25s%2B900%3D50s&pl=Solve']type this equation into our search engine[/URL] and we get: s = [B]18.09[/B]

Suppose you write a book. The printer charges $4 per book to print it, and you spend 5500 on advertising. You sell the book for $15 a copy. How many copies must you sell to break even. Profit per book is: P = 15 - 4 P = 11 We want to know the number of books (b) such that: 11b = 5500 <-- Breakeven means cost equals revenue [URL='https://www.mathcelebrity.com/1unk.php?num=11b%3D5500&pl=Solve']Typing this equation into the search engine[/URL], we get: b = [B]500[/B]

The blue star publishing company produces daily "Star news". It costs $1200 per day to operate regardless of whether any newspaper are published. It costs 0.20 to publish each newspaper. Each daily newspaper has $850 worth of advertising and each newspaper is sold for $.30. Find the number of newspaper required to be sold each day for the Blue Star company to 'break even'. I.e all costs are covered. Build our cost function where n is the number of newspapers sold: C(n) = 1200+ 0.2n Now build the revenue function: R(n) = 850 + 0.3n Break even is where cost and revenue are equal, so set C(n) = R(n) 1200+ 0.2n = 850 + 0.3n Using our [URL='http://www.mathcelebrity.com/1unk.php?num=1200%2B0.2n%3D850%2B0.3n&pl=Solve']equation solver[/URL], we get: [B]n = 3,500[/B]

The school council began the year with a $600 credit to their account, but they spent $2,000 on new books for classrooms. How much must the PTA earn through fundraising to break even? +600 - 2000 = -1,400. Break even means no profit or loss. So the PTA must earn [B]1,400 [/B]to break even on the -1,400

The school yearbook costs $15 per book to produce with an overhead of $5500. The yearbook sells for $40. Write a cost and revenue function and determine the break-even point. [U]Calculate cost function C(b) with b as the number of books:[/U] C(b) = Cost per book * b + Overhead [B]C(b) = 15b + 5500[/B] [U]Calculate Revenue Function R(b) with b as the number of books:[/U] R(b) = Sales Price per book * b [B]R(b) = 40b[/B] [U]Calculate break even function E(b):[/U] Break-even Point = Revenue - Cost Break-even Point = R(b) - C(b) Break-even Point = 40b - 15b - 5500 Break-even Point = 25b - 5500 [U]Calculate break even point:[/U] Break-even point is where E(b) = 0. So we set 25b - 5500 equal to 0 25b - 5500 = 0 To solve for b, we [URL='https://www.mathcelebrity.com/1unk.php?num=25b-5500%3D0&pl=Solve']type this equation into our search engine[/URL] and we get: [B]b = 220[/B]

You and a friend want to start a business and design t-shirts. You decide to sell your shirts for $15 each and you paid $6.50 a piece plus a $50 set-up fee and $25 for shipping. How many shirts do you have to sell to break even? Round to the nearest whole number. [U]Step 1: Calculate Your Cost Function C(s) where s is the number of t-shirts[/U] C(s) = Cost per Shirt * (s) Shirts + Set-up Fee + Shipping C(s) = $6.50s + $50 + $25 C(s) = $6.50s + 75 [U]Step 2: Calculate Your Revenue Function R(s) where s is the number of t-shirts[/U] R(s) = Price Per Shirt * (s) Shirts R(s) = $15s [U]Step 3: Calculate Break-Even Point[/U] Break Even is where Cost = Revenue. Set C(s) = R(s) $6.50s + 75 = $15s [U]Step 4: Subtract 6.5s from each side[/U] 8.50s = 75 [U]Step 5: Solve for s[/U] [URL='https://www.mathcelebrity.com/1unk.php?num=8.50s%3D75&pl=Solve']Run this through our equation calculator[/URL] to get s = 8.824. We round up to the next integer to get [B]s = 9[/B]. [B][URL='https://www.facebook.com/MathCelebrity/videos/10156751976078291/']FB Live Session[/URL][/B]

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