A small software company invests $16,000 to produce a software package that will sell for $49.75. Each unit costs $7.40 to produce. (Round your answers to the nearest whole number.)(a) How many units must the company sell to break even?(b) How many units must the company sell to make a profit of $90,000?

Step-by-step explanation:

GIVEN: A small software company invests to produce a software package that will sell for . Each unit costs to produce. (Round your answers to the nearest whole number).

TO FIND: (a) How many units must the company sell to break even?(b) How many units must the company sell to make a profit of ?

SOLUTION:

Fixed cost for production of Software package

Selling price of Software package

price of producing each unit of software package

Let total units sold be

Total profit

(a)

for company to break even,

company will have to sell at least units.

(b)

for company to make total profit of

company will have to sell at least units                

the answer is 8

step-by-step explanation:

3.14 x 8x8