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Marys Plants operates a large florist shop. Currently, the shop only sells one plant the Venus Flytrap. Prices and costs are as follows: Selling price
Marys Plants operates a large florist shop. Currently, the shop only sells one plant the Venus Flytrap. Prices and costs are as follows:
Selling price Variable costs
Fly Trap $100 $60
Mary incurs $10,000 in monthly fixed costs related to the shop, and earns $15,000 in operating income per year.
Compute the breakeven point in terms of the number of fly traps that must be sold per year.
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