Acamera manufacturer spends $2,000 each day for overhead expenses plus $9 per camera for labor and materials. the cameras sell for $17 each.
a. how many cameras must the company sell in one day to equal its daily costs?
b. if the manufacturer can increase production by 50 cameras per day, what would their daily profit be?

answer choices include-

a 250; $400
b118; $656
c250; $850
d170; $240

c250; $850

Step-by-step explanation:

Given:

A camera manufacturer spends $2,000 each day for overhead expenses plus $9 per camera for labor and materials.

The cameras sell for $17 each.

Solution :

Let no. of cameras sold per day =x

Since he spend $2000 each day and $9 per camera each day

Cost of  labor and materials of 1 camera = $9

Cost of labor and materials of x cameras = 9x

so, his total cost for one day = 2000+9x

now selling price of each camera is $17

Selling price of x cameras = $17x

Now we are asked How many cameras must the company sell in one day to equal its daily costs?

⇒17x= 2000+9x

⇒2000=8x

⇒

⇒

Thus, 250 cameras must be sold in one day  to equal its daily costs

Now , If the manufacturer can increase production by 50 cameras per day.

So, selling price of 50 cameras = 50*17 =$850

So, $850 would be their daily profit

Hence If the manufacturer can increase production by 50 cameras per day $850 would be their daily profit

Thus Option C is correct .