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## Write a system of equations to describe the situation below, solve using substitution, and fill in the blanks. Craig’s Bakery recently spent

Question

Write a system of equations to describe the situation below, solve using substitution, and fill in the blanks. Craig’s Bakery recently spent a total of $311 on new equipment, and their average hourly operating costs are $9. Their average hourly receipts are $10. The bakery will soon make back the amount it invested in equipment. How many hours will that take? What would the total expenses and receipts both equal?

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Mathematics
5 months
2021-08-24T00:51:20+00:00
2021-08-24T00:51:20+00:00 1 Answers
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## Answers ( )

Answer:a. 311 hoursb. i. $3,100 in receiptsii. $2,799 in expenses.Step-by-step explanation:a. The company is making $10 per hour and spending $9 an hour. Their profit is therefore:

= 10 – 9

= $1 per hour

Since they spent $311 on the new equipment, the amount of time it would take for them to make this back is:

= 311 / 1

= 311 hoursb. In 311 hours, the total receipts would be:

= 311 * 10

= $3,110The expenses would be:

= 311 * 9

= $2,799