COST ACCOUNTING
BREAK EVEN POINT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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At a local concert hall, the owner charges $7 per ticket. The owner must pay his band $1200. Every customer receives a brochure that costs the owner $2 for each person.Write an equation for cost and income
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Cost:y = 2x + 1200Income:y = 7x
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Cost:y = 7x + 1200Income:y = 2x
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Cost:y = x + 1200Income:y = 7
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Cost:y = 2x + 7Income:y = 1200x
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Explanation:
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