Break Even Point: In business the point (usually quantity of goods sold) where the cost equals the revenue.Cal's Cookie Emporium sells cookies. Cal buys the ingredients for his cookies in bulk. The total cost foringredients is $550.00. In addition it costs Cal $1.00 to cook and package his cookies. His plan is to sell hiscookies for $2.25 each. How many cookies will he have to sell to break even?edugear

The given question can be solved as shown in step 2.

Answered: Break Even Point: In business the point…

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Similar questions

A phone company offers two monthly plans. Plan A costs $16 plus an additional SO.17 for each minute of calls. Plan B costs $20 plus an additional $0.13 for each minute of calls. For what amount of calling do the two plans cost the same? minutes What is the cost when the two plans cost the same?
Pam's business earns $33,000 per month Pam's none employee expenses are $13,500 per month if Pam wants 4,500 in profit per month how many employees can she employed if each employee cost 3000 per month
Q4. A student started a lawn mower business. He bought a lawn mower for $ 645. He decided to hire a friend at $7.00 per hour to operate the lawn mower while he knocked on doors to drum up business. It costs $4.00 hour to run the lawn mower with gas and oil. The student charges $20.00 an hour for mowing the lawn. How many hours must the lawn mower be operated before the student breaks even.
Justify your answer. Five years ago Uncle Shelby had $108,000. He put of the money in the bank. He invested the rest of the money and it gained 24%. He then gave each of his 12 nephews and nieces an equal share of the invested money. How much did each niece or nephew receive? Show your work.
Kilgore's Deli is a small delicatessen located near a major university Kilgore does a large walk-in carry-out lunch business. The deli offers two luncheon chili specials, Wimpy and Dial 911. At the beginning of the day, Kilgore needs to decide how much of each special to make (he always sells out of whatever he makes). The profit on one serving Of Wimpy is $0.45. on one serving Of Dial 911 $0.58. Each serving Of Wimpy requires 0.25 pound Of beef. 0.25 cup Of onions, and 5 ounces Of Kilgore's special sauce. Each serving Of Dial 911 requires 0.25 pound Of beef, 0.4 cup Of onions. 2 ounces Of Kilgore's special sauce. and 5 ounces Of hot sauce. Today, Kilgore has 20 pounds of beef, 15 cups of onions, 88 ounces of Kilgore's special sauce, and 60 ounces of hot sauce on hand. a. Develop an LP model that will tell Kilgore how many servings of Wimpy and Dial 911 to make in order to maximize his profit today. b. Find an optimal solution. I
Willie invests some money at 7.5%. He also invests $4,000 less than this amount at 6.5%. His total annual incomefrom the interest of these two investments is $1,000. How much money is invested at each rate?
Rent-a-Truck charges a daily rental rate for a truck of $39 plus $0.16 a mile. A competing agency, Ace Truck Rentals,charges $25 a day plus $0.24 a mile for the same truck. How many miles must be driven in a day to make the daily cost of both agencies the same? What will be the cost?
It costs $60 to buy green bean seeds. Green beans sell for $40. It takes 10 days for green beans to grow however, after the first harvest, the green bean plant will regrow in 3 days to be harvested again. For one green bean plant, how many dollars can you make per day?
You buy a house including the land it sits on for $135000. The real estate agent tells you that the land costs $18000 more than the house.The price of the house is what? and the price of the land is what?
Penninsula Hardware buys cabinet doors for $26.00 less 41%, 11%, and 4%. The store's overhead expenses are 36% of cost and the required profit is 16% of cost. Find the Cost. Find the Expenses. Find the Profit. Find the Regular Selling Price.
Background: Jenni has decided to start knitting during quarantine. She decides to open an etsy shop where she can sellknitted hats. Each hat costs $4.50 in materials to produce, in addition to the fee of $150 to license her shop.She plans on selling each hat for $24.50. Jenni’s younger brother Archer is jealous of all the money his sister is making, so he decided to start a gardeningbuisness. He decides to buy a lawn mower for $100. He estimates that it will cost $1.75 in fuel to mow onelawn. Based on this decisison, he decides to charge $10 per lawn. -------------------------------------------------------------------- Jenni and Archer are competitive siblings, so Archer proposes a bet. He bets that if Jenni can make moremoney than him in a month, he will give her his whole month’s profit. She agrees and bets her whole month’sprofit as well. (a) In Desmos, graph the both Jenni and Archer’s profit equations on the same set of axis. Copy this graphonto your page (b) Determine the…
Sorah plans to sell decorative signs at an upcoming craft market. It costs her $3.50 to make each sign, and she paid a one-time fee of $185 to rent a booth at the market. If Sarah sels each sign for $16.75, how many signs will she need to sell in order for her expenses to be no more than her earnings? A. 3.50x+ 185> 15.75x C. 3.50x + 185 2 15.75x B. 3.50x+ 185 < 15.75x D. 3.50x+ 185 S 15.75x

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