Question
Calculate the break-even point for these four scenarios: a)Julie's Jewelry creates beaded bracelets and has fixed costs $2,000, variable costs per bracelet is $6.00 and
Calculate the break-even point for these four scenarios:
a)Julie's Jewelry creates beaded bracelets and has fixed costs $2,000, variable costs per bracelet is $6.00 and she sells each one for $11.00 How many bracelets does Julie need to sell to break even?
b)Sam's Shed sells sheds which most customers use to house lawnmowers and landscaping equipment. His fixed costs for the dealership is $75,000, and each shed has a variable cost of $5,000; the price per shed is $37,000. How many sheds must be sold to break even?
c)Tyler's Toyotas sells new vehicles with an average sales price of $29,000. Tyler's fixed costs are $600,000 and each vehicle carries a variable cost of $11,000. How many new Toyotas must be sold?
d)Zoe's Zebras sells exotic animals to the circus. Each zebra sells for $175,000 and she has fixed and variable costs of $325,000 and $56,000, respectively. How many zebras must be sold to break even and cover Zoe's costs?
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