Solve the Problem $\mathrm { n }$ Games Can Be Sold in a Month If the Price

question 242

Multiple Choice

Solve the problem.
-A retailer knows that $\mathrm { n }$ games can be sold in a month if the price is $30 - 0.2 \mathrm { n }$ dollars per game. If he buys each game for $\$ 14$ , and if he wishes to make a profit of at least $\$ 300$ per month on sales of this game, how many games must he sell each month?

• A) \(30 \leq n \leq 80\)
• B) \(30 \leq \mathrm { n } \leq 50\)
• C) \(25 \leq \mathrm { n } \leq 40\)
• D) \(25 \leq \mathrm { n } \leq 30\)

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Definitions:

Job-order Costing

A cost accounting system that assigns costs to specific production batches or jobs.

Manufacturing Overhead

All manufacturing costs that are not directly associated with the production of goods, including costs related to indirect materials, indirect labor, and other indirect expenses.

Cost of Goods Sold

Represents the direct costs attributable to the production of the goods sold in a company.

Raw Materials

The basic materials that are processed or used in the manufacturing of goods or finished products.