Zehra was planning to set up a business where she would purchase paintings for $1000 per unit

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Zehra was planning to set up a business where she would purchase paintings for $1000 per unit and sell them for $1600 per unit. She wanted to conduct a break-even analysis and identified the following costs for running her business: $4450 per month for store leasing, $50 per month for website hosting fee, $5000 per month for staff salary, $2000 per month for advertising costs, and $25 per unit for labour charges to pack the paintings.

a. How many paintings would she have to sell per month to break even?

b. If she wants to make a profit of $23,000 in a month, how many paintings would she have to sell?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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