SOLUTION: Your starting a business you decide to sell greeting cards for 2.50 it is going to cost you 1.25 for the paper per card and you paid for all the pens to make the cards which cost 1
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Question 1017965: Your starting a business you decide to sell greeting cards for 2.50 it is going to cost you 1.25 for the paper per card and you paid for all the pens to make the cards which cost 15.00. How do you break even
Found 2 solutions by josmiceli, stanbon:
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
The break even point is where:
[ cost ] = [ amount of sales ]
= cost/card
= sales receipts/ card
Let = number of cards sold
12 cards must be sold to break even
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
You're starting a business you decide to sell greeting cards for 2.50
It is going to cost you 1.25 for the paper per card and you paid for all the pens to make the cards which cost 15.00. How do you break even?
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Cost:: 15 + 1.25x where x is the number of cards
Revenue:: 2.50x
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Equation:
Cost = Revenue
15+1.25x = 2.50x
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1.25x = 15
x = 12 ( you break even when you sell 12 cards )
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Cheers,
Stan H.
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