A clothing store spends $11 for each pair of shorts it produces and has fixed costs of $450. If the store makes 40 pairs of shor
ts, how much should the store charge for each pair of shorts in order to break even?
2 answers:
Answer:
Step-by-step explanation:
the answer is $22.95
Answer:
amt. the shop spends on 40 pairs
= $11 × 40
= $440
amt. paid extra (due to fixed cost) per pair
= ($450 - $440) ÷ 40
= $0.25
amt. per pair to break even
= $11 + $0.25
= $11.25
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Answer:
Step-by-step explanation:
Please kindly go through the attached file for a step by step approach to the question.
