The Total Weekly Revenue (In Dollars) of the Company Realized

question 51

Essay

The total weekly revenue (in dollars) of the company realized in manufacturing and selling its rolltop desks is given by where x denotes the number of finished units and y denotes the number of unfinished units manufactured and sold each week.The total weekly cost attributable to the manufacture of these desks is given by dollars.Determine how many finished units and how many unfinished units the company should manufacture each week in order to maximize its profit.What is the maximum profit(P) realizable?
x = __________
y = __________
P = $__________

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Definitions:

Face Value

The nominal or stated value of a security or financial instrument, such as a bond, note, or coin.

Taxable Income

Earnings that are taxable.

Medicare Tax

The amount of Medicare tax an employee pays is a set percentage of the entire income with no maximum amounts; the amount paid is split between the employee and employer.

FICA Taxes

Taxes funded by both employers and employees to finance Social Security and Medicare benefits, based on earned income.