SOLUTION: Please help me solve this! Kade is starting up a small business as a tradesman. He will need to buy a truck and some materials to get his business going. The truck costs $13 0

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Question 1156119: Please help me solve this!
Kade is starting up a small business as a tradesman. He will need to buy a truck and some
materials to get his business going. The truck costs $13 000. He gets 3 jobs immediately
and hires 2 workers to help him. The materials for all 3 jobs cost $3000. The jobs will each
take a week not including Saturday and Sunday and he pays his workers $125 per day per
worker. How much will he have to charge for each job in order to break even at the end of
the third job?

Found 2 solutions by ikleyn, MathTherapy:
Answer by ikleyn(52800)   (Show Source): You can put this solution on YOUR website!
.

From the post's context, I should conclude that Kade himself works for free, at no pay (as a volunteer).

Is my understanding correct ?



Answer by MathTherapy(10552)   (Show Source): You can put this solution on YOUR website!

Please help me solve this!
Kade is starting up a small business as a tradesman. He will need to buy a truck and some
materials to get his business going. The truck costs $13 000. He gets 3 jobs immediately
and hires 2 workers to help him. The materials for all 3 jobs cost $3000. The jobs will each
take a week not including Saturday and Sunday and he pays his workers $125 per day per
worker. How much will he have to charge for each job in order to break even at the end of
the third job?
Labor cost:       2(5)($125)
Cost of Material: $3,000
Cost of truck:    $13,000

Let c be cost of each job - considering they each cost the same amount - making total cost, 3c 

Break-even POINT: Revenue = Cost

Can you now complete this?

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