Question
Liam and Noah are owners of Nolas Mardi Gras Bead LLC. The following is a chart of their costs to produce a string of wisdom
Liam and Noah are owners of Nolas Mardi Gras Bead LLC. The following is a chart of their costs to produce a string of wisdom passed out during the infamous Spring event in their hometown. If they charge $5.00 per necklace and target a $5,000 monthly profit level, how many necklaces must they produce?
| Cost Category | Payment Basis | Cost ($) |
| Rent | Monthly | $10,000 |
| Salaries Overhead | Monthly | $20,000 |
| Employee Benefits | Annual | $36,000 |
| Insurance | Quarterly | $6,000 |
| Property taxes | Annual | $24,000 |
| String | Per Necklace | $.50 |
| Biodegradable beads | Per Necklace | $1.00 |
| Labor | Per Necklace | $1.00 |
| Packaging and shipping | Per Necklace | $1.00 |
28,000
8,400
21,333
24,667
4,992
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