Question

The break even point is the point at which income equals expenses. Ridgemont High School is paying $13,200 for thr writing and research of their yearbook plus a printing fee of $25 per book. If they sell the books for $40 each, how many will they have to sell to break even?

Answer 1

Answer:880

Step-by-step explanation: They need to cover expense of $13200. If printing fee is $25 and they sell the books for $40 each, then that means when selling a book they cover expense of printing plus they earn $15 per book.

So if they earn $15 per book that means they have to sell 13200/15=880 books to break even.

If you want to solve this by using equation the this would look like this:

expenses: $13200 + $25x where x is number of books sold

earnings: $40x

Equation:

13200+25x=40x

13200=15x

x=880