A factory manufacturers native bags for export. The cost of manufacturing one bag is ₱215.They also have a total overhead cost of ₱2,300 a month for materials, wages, and utilities.
1. Construct a function C for the total monthly cost of producing native bags .
2. What are the independent and dependent variables for function C?
3. How much cost will they incur if they manufacture 200 bags in a month?
4. If they able to sell a bag for ₱750, construct a function R for the revenue from the sales of the bag.
5. How much revenue will they get if they sell 400 bags in a month?
6. Construct a function P for their total monthly profit from the sale of the bags.
7. What will their profit be if they sell 500 bags a month?
8. How many bags must be sold for them to break even?
Please put your solution as well, Thank you!
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