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? in progress 0 5 months 2021-08-24T00:51:20+00:00 1 Answers 3 views 0 ## Answers ( ) 1. Answer: a. 311 hours b. i.$3,100 in receipts

ii. $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 hours b. In 311 hours, the total receipts would be: = 311 * 10 =$3,110

The expenses would be:

= 311 * 9

= \$2,799