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30 December, 22:29

Leah is running a bake sale for her crew team she pay $45 for supplies to get started in addition it cost about $0.50 to make each item if baked good items sell for $2 each determine how many items Leah and her team will need to sell in order to break even

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  1. 31 December, 01:25
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    Answer: 30 items

    Explanation:

    1) Break even ⇒ Profit = 0 or Cost = Revenue.

    2) Cost = fixed cost + variable cost

    fixed cost = supplies = $ 45 variable cost = making cost = $0,50x, where x is the number of items cost function = 45 + 0.5x

    3) Revenue = price * number of items

    price = $ 2 revenue = 2x

    4) Equation

    cost = revenue 45 + 0.5x = 2x Solve for x:

    2x - 0.5x = 45

    1.5x = 45

    x = 45 / 1.5

    x = 30 ← answer
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