ECONOMICS

COST ACCOUNTING

BREAK EVEN POINT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Brian and Amy invest $2700 to start a hair cutting business. Each hair cut costs them $1.50 (supplies). They charge their customer $15 for each cut.Write the equation for cost and income.
A
Cost:y = 1.50x + 2700Income:y = 15x
B
Cost:y = 150 + 2700Income:y = 1.50x
C
Cost:y = 1.50x + 2700Income:y = 15
D
Cost:y = 2700Income:y = 15x + 1.50
Explanation: 
There is 1 question to complete.