Math Problem Statement

Quickprint Services operates several franchise where it prints brochures, business cards, and stationery. It plans to sell 80 jobs next week, at an average cost of $52 each. Its weekly expenses are $1840 a. How much must Quickprint charge for each job to break even? b. If it wishes to make a profit of $1200, what price does it have to charge? c. If it sells 90 jobs at the price determined in part (b), how much profit will be realized? d. If Quickprint sells 100 jobs through a special promotion, what is the minimum price it could charge to break even?

Solution

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Math Problem Analysis

Mathematical Concepts

Algebra
Break-even analysis
Profit calculation

Formulas

Revenue = Price per job × Number of jobs
Profit = Revenue - Expenses
Break-even price = Total Expenses / Number of jobs

Theorems

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Suitable Grade Level

Grades 9-12