SAVANNAH DESIGNS CVP PROBLEM:

Savannah owns a company called Savannah Designs, which makes bracelets with semiprecious stones and sells them at a local market. Savannah currently sells her bracelets for $$175$ each. Her variable costs per bracelet are the metal and stones $($approximately $$80$ per bracelet$)$ and packaging $($$$5$ per bracelet$).$ She has total annual fixed costs of $$9,000,$ comprised of $$8,500$ for space at the market and $$500$ depreciation on display cases and signage.

How many bracelets does Savannah need to sell to break even?

Question $15$ options:

$105$ bracelets

$95$ bracelets

$100$ bracelets

$90$ bracelets