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chacha8876
Mike and Kim invest $12,000 in equipment to print yearbooks for schools. Each yearbook costs $5 to print and sells for $15. How many yearbooks must they sell before their business breaks even? A. 800 yearbooks B. 1,200 yearbooks C. 2400 yearbooks D. 1,800 yearbooks
@skilyrboren I think it's D prove you're right.
12,000 devided by 5=2400. My tutor taught me that..maybe she is wrong!? D;
The Selling price of each book is 15 so to come on break even point , multiply 15 X 800 =1200.. so they will reach on break even that is : no profit nor loss
sorry that was 12000 not 1200 .
I actually got B I just picked D so I can make you show your work.
thanks asad that was the best answer
Let n = number of yearbooks to be printed. Expenses = 12000 + 5n Income = 15n To break even the income must equal the expenses. 12000 + 5n =15n 10n = 12000 n = 1200