Question

What is the sales of volume V, of a particular product with a net income of $5000 given a sales price of $40, a variable cost of $15?and $1000 in fixed cost?

Answer 1

The sales of volume V, of a particular product with a net income of $5000 given a sales price of $40, a variable cost of $15?and $1000 in fixed cost is 240

Explanation:

Given:

Net income= $5000

sales price= $40

variable cost =$15 and $1000

To Find:

sales of volume V=?

Solution:

We Know that

`\text {Income}=40 * x`

Where x= number of units sold

Similarily,

`\text { Net Income }=40 \mathrm{x}-\text { VARIABLE } \cos \mathrm{T} * \mathrm{x}-1000`

Substituting the known values,

`\text { Net Income }=40 \mathrm{x}-\text{VARIABLE COST} * \mathrm{x}-1000`

`5000=40 \mathrm{x}-15 * \mathrm{x}-1000`

Sloving the equation,

`5000=40 \mathrm{x}-15 \mathrm{x}-1000`

`5000=25 \mathrm{x}-1000`

`5000+1000=25 \mathrm{x}`

`6000=25 \mathrm{x}`

`x=(6000)/(25)`

`x=240`