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This couple approached their uncle Stephen for a loan to start a business. They wish to deliver bouquets of flowers to people in their neighborhood.
This couple approached their uncle Stephen for a loan to start a business. They wish to deliver bouquets of flowers to people in their neighborhood. Uncle Stephen asked them for some data to perform a break even. Here is what they answered: they need to rent a delivery van at $ per month including insurance. Advertising would be $ per month. They plan to sell the bouquets at $ each, and they believe they can sell units per month. What they don't know is how much is the most they can spend to buy in the lovely bouquets. That is their cost price per bouquet. Tip: here the unknown is the variable cost. Find that and then divide by the number they sell. That will give you the cost price per bouquet. Your answer should be an integer. Do not include any $
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