Pete corporation produces bags of peanuts. It's fixed cost is $18,900. Each bag sells for $2.17 with a unit cost of $1.27. What is Pete's break even point?

Pete's corporation would break even when they sell 21000 bags of peanuts.

Step-by-step explanation:

Let x represent the number of bags of peanuts that Pete corporation would produce and sell to break even.

The fixed cost of production is $18,900 while the unit cost of producing a bag of peanut is $1.27. This means that the total cost of producing x bags of peanuts would be

1.27x + 18900

Each bag sells for $2.17. This means that the total revenue selling from x bags of peanuts would be

2.17x

At the point of break even, total cost of production = total revenue. Therefore,

1.27x + 18900 = 2.17x

2.17x - 1.27x = 18900

0.9x = 18900

x = 18900/0.9

x = 21000

the answer is c hope it

step-by-step explanation:

step-by-step explanation:

part a. the differences are decreasing, so we know the sequence is not arithmetic. the ratios are constant (=3/4), so we know the sequence is geometric.

part b. from part a, we know the common ratio is 3/4, so each term is 3/4 of the one before. the initial term is the number of gallons at h=1.

g[h] = (3/4)·g[h-1]

g[1] = 384 . . . . initial value required for a recursive definition

part c. the general formula for a geometric sequence is

a[n] = a[1]·r^(n-1)

we have a[1] = 384, r = 3/4, and the term number given by h. the formula that follows is

g[h] = 384·(3/4)^(h-1)

part d. filling in the value and doing the arithmetic, we have

g[12] = 384·(3/4)^11 ≈ 384·0.042235136 ≈ 16.2183 . . gallons

part e. each gallon is 4 quarts, so

16.2183 gal × 4 qt/gal = 64.8732 qt