A hoverboard manufacturer has just announced the Glide 5 hoverboard. The accounting department has determined that the cost to manufacturer the Glide 5 hoverboard is y=33.75x+40256. The revenue equation is y=96.65x. What is the break even point for the Glide 5 hoverboard?
Q. A hoverboard manufacturer has just announced the Glide 5 hoverboard. The accounting department has determined that the cost to manufacturer the Glide 5 hoverboard is y=33.75x+40256. The revenue equation is y=96.65x. What is the break even point for the Glide 5 hoverboard?
Set Equations Equal: To find the break even point, we need to set the cost equation equal to the revenue equation and solve for x, which represents the number of hoverboards. The cost equation is y=33.75x+40256, and the revenue equation is y=96.65x.
Subtract x Terms: Set the cost equation equal to the revenue equation: 33.75x+40256=96.65x.
Combine Like Terms: Subtract 33.75x from both sides to get the x terms on one side: 40256=96.65x−33.75x.
Divide to Solve: Combine like terms: 40256=62.9x.
Perform Division: Divide both sides by 62.9 to solve for x: x = rac{40256}{62.9}.
Perform Division: Divide both sides by 62.9 to solve for x: x=62.940256. Perform the division to find the value of x: x≈640.
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