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Sub Place, a small sandwich store, is located on a busy corner near many other businesses. The shop's busiest time is during the mid -
Sub Place, a small sandwich store, is located on a busy corner near many other businesses. The shop's busiest time is during the midday period. Rent for the location is $ per month, and wages amount to $ per month. Variable costs consist of supplies and sandwich ingredients that cost $ per sub sandwich. The subs are to be sold at a price of $ each. Answer each of the following independent questions.
a How many sandwiches must the shop sell to break even?
b If the shop increases variable costs by $ per sandwich, how many sandwiches must it sell to break even?
c If the rent increases by what would the profit be if the shop sold units?
d If the sandwich price was reduced by $ how many sandwiches must the shop sell to make $ profit?
a The shop must sell sandwiches to break even.
Round up to the nearest whole number.
b If variable costs increase by $ per sandwich, the number of sandwiches required to break even is
Round up to the nearest whole number.
c If the rent increased by and the shop sold units, the shop would make an profit.
Round to the nearest cent as needed.
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