Math Problem Statement
The total cost for Aling Nena to produce Buko Pie is broken down into fixed cost and variable cost. Fixed cost is $35,000 a week and the variable cost is 160 for each box of buko pie. Aling Nena sells her buko pie at P300 a piece. Does Aling Nena make profit when she sells 2,000 boxes a week?
Solution
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Math Problem Analysis
Mathematical Concepts
Cost Analysis
Profit Calculation
Revenue Calculation
Linear Equations
Formulas
Total Cost = Fixed Cost + (Variable Cost per Box × Number of Boxes)
Total Revenue = Selling Price per Box × Number of Boxes
Profit = Total Revenue - Total Cost
Theorems
Profit = Revenue - Cost
Suitable Grade Level
Grades 8-10
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