A local band, The Desert Rats, is planning to make a compact disk. It will cost $12,500 to record and produce a master copy, and an additional $3.00 to make each sale copy. If they plan to sell the final product for $8.00, how many disks must they sell to break even?
the answer i have is 12,500 + 3X = 8X Solve: 12,500 = 5X X = 12,500/5 X 2,500 copies hope this helps :)
Answer:
2500 copies is the answer.
Step-by-step explanation:
The cost to record and produce a master copy = $12500
Additional $3.00 to make each sale copy. The band is planning to sell the final product for $8.00. This gives markup price as =\(8-3=$5\)
Now, at five dollars markup cost for per disk, The total number of disks they need to sell are :
\(\frac{12500}{5} =2500\)
Therefore, the band needs to sell 2500 copies to break even or recoup their production costs.