Business As Usual Bakers' Club is trying to raise funds by selling premium chocolate chip cookies in a school fair. The variable cost to make each cookie is ?15.00 and it is being sold for ?25.00 So far the organization has already shelled out ?790.00 for the cookie sale a. Find the profit function P(x) where x represents the number of cookies sold Hint: Profit = Total Revenue - Total Cost Total Revenue = Price per unit x quantity sold Total Cost = Total variable cost + fixed cost b. If 146 cookies were sold, how much is the total profit? c. How many cookies must be made and sold to break even? Hint: Break even point is the zero of P(x) d. How many cookie should be sold to gain a profit of ?250.00? Baker's Nook Elisha just opened a bakery along Macalintal Avenue which sells fresh doughnuts. The selling price is ?20.00 per doughnut and the cost of making it is ?8.00 The daily operating expense is ?600.00. a. Find the profit function P(x) where x represent the number of doughnuts sold. b. If 100 doughnuts were sold, what is the total profit? c. How many doughnuts must be made and sold to break even? d. How many doughnuts should be sold to gain a profit of ?600.00?
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