Question

The break even point is the point at which income equals expenses expenses Richmond high school is paying $13,200 for the writing and research of their yearbook plus a printing fee of $25 per book if they sell the books at $40 each how many will they have to sell to break even explain

Answer 1

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Explanation:

Answer 2

Answer: they have to sell 880 books to break even.

Explanation:

Let x represent the total number of books that Richmond high school produced and also sold.

Richmond high school is paying $13,200 for the writing and research of their yearbook plus a printing fee of $25 per book. This means that the total cost of producing x books would be

25x + 13200

if they sell the books at $40 each, it means that the total revenue would be

40 × x = 40x

The break even point is the point at which income equals expenses expenses. Therefore,

25x + 13200 = 40x

40x - 25x = 13200

15x = 13200

x = 13200/15

x = 880