Chapter 3 - Homework (i)SavedHelpSave?Exercise 3−51 (Algo) Multiproduct CVP Analysis (LO 3−4)1.11pointsSkIppedeBOOKHintPrintReferencesGeorgeland Cycles makes and sells two models of electric bicycles. The Commuter (a folding model) sells for $2,503.00 and the TourX (a fat-tire trail model) sells for $4,503.00. Unit variable costs for the Commuter are $1,753.00 and for the Tour-X$3,203.00. Annual fixed costs at Georgeland are $488,050. The marketing manager estimates that the annual mix of sales is 30 percent Commuter model and 70 percent Touring model.Required:a. How many of each model ebike must Georgeland Cycles sell every year to break even?b. How many of each model ebike must Georgeland Cycles sell every year to earn operating profits of $102,150 before taxes?Complete this question by entering your answers in the tabs below.Required ARequired BHow many of each model ebike must Georgeland Cycles sell every year to break even?CommuterTour-XBreak-even ebikesRequired B Get tutor helpChapter 3 - HomeworkSavedHelpExercise 3−51 (Algo) Multiproduct CVP Analysis (LO 3−4)1.11pointsSkIppedeBookHintPrintReferencesGeorgeland Cycles makes and sells two models of electric bicycles. The Commuter (a folding model) sells for $2,503.00 and the TourX (a fat-tire trail model) sells for $4,503.00. Unit variable costs for the Commuter are $1,753.00 and for the Tour-X$3,203.00. Annual fixed costs at Georgeland are $488,050. The marketing manager estimates that the annual mix of sales is 30 percent Commuter model and 70 percent Touring model.Required:a. How many of each model ebike must Georgeland Cycles sell every year to break even?b. How many of each model ebike must Georgeland Cycles sell every year to earn operating profits of $102,150 before taxes?Complete this question by entering your answers in the tabs below.Required ARequired BHow many of each model ebike must Georgeland Cycles sell every year to break even?CommuterTour-XBreak-even ebikesRequired B Get tutor helpWalking on his own, the distance, D, in feet, that Roberto can cover in m minutes is given by the function D(m)=264m. When he walks on the moving sidewalk at the airport, the distance, A, in feet, that he can cover in m minutes is given by the functionA(m)=440m. Let B be the distance, in feet, that Roberto would travel on the moving sidewalk in m minutes if he were standing still.Write a formula for B(m) in terms of D(m) and A(m).B(m)=Write a formula for B(m) in terms of m.B(m)=□ Get tutor helpThe average production cost for major movies is 67 million dollars and the standard deviation is 23 million dollars. Assume the production cost distribution is normal. Suppose that 46 randomly selected major movies are researched. Answer the following questions. Give your answers in millions of dollars, not dollars. Round all answers to 4 decimal places where possible.a. What is the distribution of X? X∼N(67,232)b. What is the distribution of xˉ? xˉ∼N(67,(4623)2)c. For a single randomly selected movie, find the probability that this movie's production cost is between 69 and 73 million dollars. 230d. For the group of 46 movies, find the probability that the average production cost is between 69 and 73 million dollars. 234e. For part d), is the assumption of normal necessary?NoYes235 Get tutor helpA company orders boxed lunches from a deli, which all cost the same price. The relationship between the number of boxed lunches ordered, x, and the total cost in dollars of the lunches, y, is represented by a graph drawn in the xy-plane.If the point (9,63) lies on the graph, what does the ordered pair (9,63) indicate?9 lunches that cost $63.00 each9 lunches that cost a total of $63.0063 lunches that cost $9.00 each63 lunches that cost a total of $9.00 Get tutor helpA professional baseball team sells regular tickets and premium tickets to all of its home games. At a recent game, the average price for a regular ticket was $52.46, and the average price for a premium ticket was $175.85. Which of the following equations shows a relationship where the number of regular tickets, r, and the number of premium tickets, p, that the team sells generates $5,000,000 in ticket sales?Choose 1 answer:(A) 52.46p+175.85r=5,000,000(B) 52.46r+175.85p=5,000,000(C) 52.46p+175.85r=5,000,000(D) 52.46r+175.85p=5,000,000 Get tutor helpThe equation models h, the height, in meters, of a soccer ball t seconds after the goalkeeper kicks it. Which of the following statements is the best interpretation of the ordered pair (3,10.4) ?Choose 1 answer:(A) At 3 seconds after the kick, the distance between the soccer ball and the goalkeeper is 10.4 meters.(B) At 3 seconds after the kick, the soccer ball is traveling at a speed of 10.4 meters per second.(C) At 3 seconds after the kick, the height of the soccer ball is 10.4 meters.(D) At 10.4 seconds after the kick, the height of the soccer ball is 3 meters. Get tutor help