Cost and Revenue Function

Algebra I Cost-Revenue Business tramp This project is designed for you to demonstrate your intelligence of systems of additive equations. Before starting, read the blameless project outline and requirements. During this project you ar to do the following 1) Pair up with a partner and micturate a business that sells one commodity of your prize ( signs for creativity). 2) bring on a market place look for muckle that will be apply to stick to 50 students to function you capture what potential customers are looking for in the ingathering your group will create and sell.The stick with must include a minimum of three questions. 3) Conduct the keep abreast. 4) Create a numerate of fixed be items and monetary values. Consider items such as a store, equipment, furniture, advertisement, etc. Use the survey results to revisal the fixed address list if needed. include the measure fixed cost. 5) Create a list of protean be. With each variable cost include the dollar fi nd out calculated per unit. Once again, use the survey results to revise the variable costs list if needed.Sate the descend variable cost. 6) Using the survey results and the total variable cost bump the result price. 7) Write the COST scarper and the REVENUE function. 8) Solve the system of equations algebraically using the substitution method AND the linear combination method in rewrite to find the break-even point. 9) Create a imitate of the product. 10) Create a origin register Presentation that includes the following A scripted introduction including a description of the product. A picture of the product The completed Market Research Survey A written summary of the survey results A list of the fixed costs and the total A list of the variable costs and the total The cost and tax functions The algebraic numerations of the break-even point An accurate graphical re demonstration of the cost and receipts functions that shows the break-even point and the regions o f loss and receipts (label all items) A written commentary of the break-even point and the wampum and loss regions of the graph. 1) sic a 5 minute presentation in which both partners share the certificate of indebtedness of discussing and demonstrating An introduction of the business and product The product or model of the product An account of how the Market Research Survey was utilise to help develop the product, the costs, and the product price The cost and revenue functions The algebraic computation of the break-even point The graph of the cost and revenue functions, the break-even point, and the regions of loss and rofit An explanation of the break-even point and the profit and loss regions of the graph Graphing the cost and revenue functions and finding the break-even point using the graphing calculatorAlgebra I Cost-Revenue Project Names _________________________ _________________________ Work quantify and due dates You will be effrontery time to get organize d today, 10 minutes of class time on Feb. 10th and 11th. We will work in the computer lab on Feb. twelfth & 16th. You will give your presentations on Tuesday February 17. Power signify presentations must be emailed to me (emailprotected k12. or. us) by 730 am on February 17th. If I dont get under ones skin it by then you will disengage ALL presentation points. Power Point Introduction of the business and product The product The completed Market Research Survey A written summary of the survey results An explanation of how the survey was used to help develop the product, the costs, and the product price A list of the fixed costs and total A list of the variable costs and total The cost and revenue functions