Problema Solution
ABC Sporting Goods company produces baseball gloves.their fixed monthly cost is $8000 with a per glove cost of $5. XYZ Sporting Goods also produces baseball gloves their fixed monthly cost is $10000 with a per glove cost of $3. Find the value of x ,the number of gloves produced monthly,so that the total monthly production cost is the same for both companies
Answer provided by our tutors
let 'x' represent the number of gloves produced
for ABC Sporting Goods, we have monthly costs of:
5x + 8000
for XYZ Sporting Goods, we have monthly costs of:
3x + 10000
we want to solve for 'x' when the monthly costs are equal:
5x+8000 = 3x+10000
2x = 2000
x = 1000
the costs is the same when both companies produce 1,000 gloves