A tire manufacturing company has fixed cost of $20,000 and production cost of $60 per tire. If the tires are sold at $100 each, find the following: Profit Loss or Gain if 300 tires are produced

A loss of 8,000

Step-by-step explanation:

If each tire is sold at $100 and 300 tires are sold then the amount gained is 30,000.

Cost of production for the tires is 18,000, so now we must subtract 18,000 from 30,000 to get 12,000.

Finally, we take away the fixed cost (20,000) from 12,000 to get -8,000.

hello :

by applying the distributive property :

6 × 4.3 = 6 × ( 4 + 0.3 )

            =   (6 ×   4) + (6 ×   0.3)

            = 24 + 1.8

6 × 4.3 = 25.8

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step-by-step explanation: