MDFL Chapter 9

A new company manufactures tennis rackets. The fixed expenses are $78,490, and the variable expenses are $14 per racket produced. What is the expense of producing 3,500 rackets?

• $49,000

• $81,990

• $127,490

• $147,900

• $369,000

• $135,720

• $28,040

• $7,540

Marsha used a graphing calculator to graph an expense and a revenue function for her family’s printing business. The graph looked like the one below. What are the approximate break even points?

• 75,000 and 38,000

• 120,000 and 52

• 15 and 47

• 8 and 52

At what price is the maximum profit?

• $24

• $48

• $27,000

• $62,000

A new Google cell phone has a markup of 175% and sells for $650.00. What is the wholesale price of the cell phone?

• $1,137.50

• $236.36

• $825.00

• $1,787.50

The Sports Brand Company is making a new shoe that has a wholesale price of $60, and it wishes to advertise a retail price of $149.99. What is the markup percentage?

• 90%

• 150%

• 50%

• 190%

A new company manufactures tennis rackets. The variable expenses are $14 per racket produced. What is the expense of producing 3,500 rackets?

• $49,000

• $81,990

• $127,490

• $147,900

A company makes flowerpots. The flowerpots have an expense equation of E=2.75q. How many flowerpots can they make with expenses of $3,437.50?

• 1,250

• 9,453

• 13,00

• 9,500

Custom Tees has determined that its expense and revenue functions are in the image below. At which price point can the company expect to break even?

• $88

• $48

• $64

• $32

• $1,728,000

• $576,000

• $540,000

• $518,400