SOLUTION: Julio has started his very own floral business. He sells centerpieces for $19.50 each. His fixed costs are $500 per month, and each centerpiece cost $8 to produce. Determine yo

Question 874375: Julio has started his very own floral business. He sells centerpieces for $19.50 each. His fixed costs are $500 per month, and each centerpiece cost $8 to produce.
Determine your break-even point. Suppose you wish to break even by selling only 25 centerpieces. At what price would you need to sell each centerpiece?

Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
$19.50x - $8x-500 = 0 (Break even)
25P - 25*8 - 500 = 0 (Break even with 25 sold = $28
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