The fixed costs to produce a certain product are 15,000 and the variable costs are $12.00 per item.

Discussion in 'Calculator Requests' started by math_celebrity, May 16, 2019.

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  1. math_celebrity

    math_celebrity Administrator Staff Member

    The fixed costs to produce a certain product are 15,000 and the variable costs are $12.00 per item. The revenue for a certain product is $27.00 each. If the company sells x products, then what is the revenue equation?

    R(x) = Revenue per item x number of products sold
    R(x) = 27x
     

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