Question

Joe’s hat shack has fixed cost of $1,000 per week. She buys hats that are $1,500 for 300 hard and she sells the hats for $12.50 each. How many hats does she need to sell to reach her break even point

Answer 1

1000+1500=2500 is how much she owes right now
If each hat is sold for 12.50, all you have to do is 2500/12.50=200
She needs to sell 20 hats to break even.