Question

Stacy sells art prints for $12 each. Her expenses are $2. 50 per print, plus $38 for equipment. How many prints must she sell for her revenue to equal her expenses?

Answer 1

Stacy needs to sell at least 23 prints in order for her revenue to equal her expenses.

Explanation: To calculate the total expenses, we need to add the fixed cost of equipment ($38) to the variable cost of each print ($2.5). So the total expenses per print is $2.5 + $38 = $40.50. To calculate the number of prints needed to break even, we divide the total expenses by the revenue per print. 40.50 / 12 = 3.375 which is approximately 3.4 and if we round it up to 4 ,then we will get 4*12 = 48 and this is less than the fixed cost of 38. So, we need to increase the number of print to 23 in order to her revenue to equal her expenses.

Explanation:

Answer 2

It’s 52.5$ or just 52.5?
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