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A chicken farmer can produce one crate of eggs at a cost of $9. 86, and can sell that crate for $34. 24. If the farmer has a starting overhead cost of $7,312, not including production costs, how many crates must be sold in order to realize a profit of $11,300, to the nearest crate? a. 164 b. 330 c. 463 d. 763.

Respuesta :

Based on the equation used, the number of crates that must be sold in order to realize the profit is 763 crates.

Let the number of crates be represented by x.

Based on the information given, the equation to solve the question will be:

(34.24 × x) - (7312 + 9.86x) = 11300

34.24x - 7312 - 9.86x = 11300

34.24x - 9.86x = 11300 + 7312

24.38x = 18612

x = 18612 / 24.38

x = 763

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