Marianna stuffs envelopes for extra income during her spare time. Her initial co

Question

Marianna stuffs envelopes for extra income during her spare time. Her initial cost to obtain the necessary information for the job was $200. Each envelope costs $0.02 and she gets paid $0.04 per envelope stuffed. How many envelopes does she need to stuff to break even?
1.) create a cost and revenue table with a scatter plot (excel) Marianna stuffs envelopes for extra income during her spare time. Her initial cost to obtain the necessary information for the job was $200. Each envelope costs $0.02 and she gets paid $0.04 per envelope stuffed. How many envelopes does she need to stuff to break even?
1.) create a cost and revenue table with a scatter plot (excel)
1.) create a cost and revenue table with a scatter plot (excel)

Explanation / Answer

Let x represents the no. of envelopes stuffed

let C is Total cost C = fixed cost + variable cost

                             = 200 + 0.02x

let R be the revenue R = 0.04x

if revenue equals to cost

C = R

200+0.02x = 0.04x

200 = 0.02x

x = 200/0.02

x = 10000 (no. of envelopes stuffed)

                         

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