2. Vince Rafael needs 69 dollars to buy all the stuff that he needs to make barbeques. The community allows him to sell these barbeques at the street. The community charges him 1.25 dollars for each barbeque sold. a. Determine the break even point if the selling price of his barbeque is $1.72. b. What is the Profit at break-even point? c. What is the Profit or Loss at 153 quantity of barbeque?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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2. Vince Rafael needs 69 dollars to buy all the stuff that he needs to make barbeques. The
community allows him to sell these barbeques at the street. The community charges him 1.25
dollars for each barbeque sold.
a. Determine the break even point if the selling price of his barbeque is $1.72.
b. What is the Profit at break-even point?
c. What is the Profit or Loss at 153 quantity of barbeque?
Transcribed Image Text:2. Vince Rafael needs 69 dollars to buy all the stuff that he needs to make barbeques. The community allows him to sell these barbeques at the street. The community charges him 1.25 dollars for each barbeque sold. a. Determine the break even point if the selling price of his barbeque is $1.72. b. What is the Profit at break-even point? c. What is the Profit or Loss at 153 quantity of barbeque?
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