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The bakery’s expenses and receipts will both total $_____ after ___ hours

PLEASE HELP ♡

The bakery’s expenses and receipts will both total $_____ after ___ hours PLEASE HELP-example-1
User Israel Zinc
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1 Answer

6 votes
6 votes

Answer:

Expenses and receipts will total $2800 after 200 hours.

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Step-by-step explanation:

x = number of hours

Ron spends $11 an hour for operating costs. He spends 11x dollars on top of the $600 he spent on the equipment. The cost expression is 11x+600

On the flip side, Ron earns (on average) $14 an hour from the receipts or revenue. Overall, he earns 14x dollars.

Often in business applications, the owner is curious when s/he will break even. This is the point where the profit is 0 dollars, ie when cost = revenue.

So we'll set the two expressions equal to one another and solve for x.

cost = revenue

11x+600 = 14x

600 = 14x-11x

600 = 3x

600/3 = x

200 = x

x = 200

At the 200 hour mark is when Ron is likely to break even.

This x value leads to:

  • cost = 11x+600 = 11*200+600 = 2200+600 = 2800 dollars
  • revenue = 14x = 14*200 = 2800 dollars

We get the same cost for each expression, helping to confirm that x = 200 is correct.

The bakery's expenses and receipts will total $2800 after 200 hours.

User Zack Yezek
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