Bruce owns a business that produces widgets. He must bring in more in revenue than he pays out in costs in order to turn a profi
t.
It costs $10 in labor and materials to make each of his widgets.
His rent each month for his factory is $4000.
He sells each widget for $25.
How many widgets does Bruce need to sell each month to make a profit?
1 answer:
I believe the answer is 267
If each is worth $25 and it costs $10 then he is making $15 profit.
4000/15 is 266.6666667
So you would need 267
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