Problema Solution
A factory can produce 150 toy wagons per hour. The company sells these wagons at a wholesale price of $13 each. If the company can sell all of the wagons produced, how much revenue do they get in a 21-day month with 8 hours of production each day?
Answer provided by our tutors
in one day the factory will produce: 150*8 = 1,200 wagons
in 21 day it will produce: 1,200*21 = 25,200 wagons
each wagon sells at a price of $13:
150*8*21*13 = 25,200*13 = $327,600 revenue.