BruceCo is planning on selling backpacks for $150 each. The company can buy the backpacks for $30.00 and have them customized for $20.00 apiece. There is a one-time set up charge of $1,000 for customization. How many backpacks will BruceCo have to sell in order to breakeven?

Select one:

a.

70

b.

50

c.

10

d.

cannot be determined with this information

e.

20