3

Olga was planning to set up a business where she would purchase paintings for $1,100 per unit and sell them for $1,700 per unit. She wanted to conduct a break-even analysis and identified the following costs for running her business: $4,450.00 per month for store leasing, $51 per month website hosting fee, $5,200 per month for staff salary, $2,070 per month for advertising costs, and $27 per unit for labour charges to pack the paintings. a. How many paintings would she have to sell per month to break-even? Round up to the next whole number b. If she wants to make a profit of $24,000 in a month, how many paintings would she have to sell? Round up to the next whole number