Answer:
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
Step-by-step explanation:
Given:
Net income= $5000
sales price= $40
variable cost =$15 and $1000
To Find:
sales of volume V=?
Solution:
We Know that
[tex]\text {Income}=40 * x[/tex]
Where x= number of units sold
Similarily,
[tex]\text { Net Income }=40 \mathrm{x}-\text { VARIABLE } \cos \mathrm{T} * \mathrm{x}-1000[/tex]
Substituting the known values,
[tex]\text { Net Income }=40 \mathrm{x}-\text{VARIABLE COST} * \mathrm{x}-1000[/tex]
[tex]5000=40 \mathrm{x}-15 * \mathrm{x}-1000[/tex]
Sloving the equation,
[tex]5000=40 \mathrm{x}-15 \mathrm{x}-1000[/tex]
[tex]5000=25 \mathrm{x}-1000[/tex]
[tex]5000+1000=25 \mathrm{x}[/tex]
[tex]6000=25 \mathrm{x}[/tex]
[tex]x=\frac{6000}{25}[/tex]
[tex]x=240[/tex]
