Taylor LTD Company produces a product. Let q be the number of units sold. The variable cost is $6q and the fixed cost is $ 116 000. Each unit has a selling price of $11.4. a) Determine the total...

Extracted text: Taylor LTD Company produces a product. Let q be the number of units sold. The variable cost is $6q and the fixed cost is $ 116 000. Each unit has a selling price of $11.4. a) Determine the total revenue equation. b) Determine the total cost equation. c) Determine the profit equation. d) Determine the number of units that must be sold for the company to earn a profit of $54 000. e) Determine the minimum number of units that must be sold for the company to earn a profit.