Chapter 1 and 2 Review Solutions

    1. (a) $2,137.50     (b) $2,671.88    (c) $819.38
  2. $469.20
  3. $2,303.07
  4. 35%
    1. (a) $550      (b) $25.53
    1. (a) 150%     (b) 37.5%
    1. (a) $60     (b) 50%     (c) 100%
    1. (a) $540     (b) $216     (c) 14.3%
  9. $50
    1. (a) $1,200     (b) 37.5%
    1. (a) C = $5,000 + $0.75x, x = the number of filters produced.     (b) $7,250
    1. (a) Dick: $28,000, Ed: $36,000, Fran: $32,000      (b1) $132,000 in total;      (b2) Ed $49,500
  13. 6.42 USD per Gallon
    1. (a) $7,636.36     (b) 81.82%
    1. (a) R = $4.75x, C = $16,850 + $2.05x where x = the number of ice cream cones.     (b) 6241 ice cream cones, $29,644.75     (c) 7,723 ice cream cones     (d) loss of $8,750

 

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