FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Yaster sells hand-knit scarves at the flea market. Each scarf sells for $75. Yaster pays $500 to rent a vending space for one day. The

Yaster sells hand-knit scarves at the flea market. Each scarf sells for $75. Yaster pays $500 to rent a vending space for one day. The variable costs are $25 per scarf. What total revenue amount does she need to earn to break even?

$10

$1050

$100

$750

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting An Integrated Statements Approach

Financial Accounting An Integrated Statements Approach

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

2nd Edition

324312113, 978-0324312119

Students also viewed these Accounting questions

Question

★★★★★
On the construction site for a new skyscraper, a uniform beam of steel is suspended from one end. If the beam swings back and forth with a period of 2.00 s, what is its length?

Answered: 1 week ago

Question

★★★★★
1. The immediate goal is to get students productively engaged with the work of the class; in other words, catch their interest and create a state of motivation to learn. Engagement actually increases...

Answered: 1 week ago

Question

★★★★★
When gas expands in a cylinder with radius r, the pressure at any given time is a function of the volume: P = P(V) . The force exerted by the gas on the piston (see the figure) is the product of the...

Answered: 1 week ago

Question

★★★★★
Consider the following situations for Shocker: a. On November 28, 2018, Shocker receives a $3,300 payment from a customer for services to be rendered evenly over the next three months. Deferred...

Answered: 1 week ago

Question

★★★★★
Which of the following is a characteristic of a personal automobile policy? Group of answer choices All of these answer choices are correct. Provides a financial safety net in case an uninsured or...

Answered: 1 week ago

Question

★★★★★
1) As their Consultant, explain the innovation process to them and outline the two (2) reasons innovation would be a better option to commence their business. 2) Outline the three (3) basic steps for...

Answered: 1 week ago

Question

★★★★★
Clearly written rules and policies help eliminate ______ in the workplace

Answered: 1 week ago

Question

★★★★★
Using the prescribed syntax of an Internet Protocol packet, construct an IP Version 4 TCP/IP transmission packet using the following particulars: Packet is sent from IP address 192.168.4.111 (MAC...

Answered: 1 week ago

Question

★★★★★
Suman Joshi, Managing Director of Omega Textiles, was reviewing two very different investment proposals. The first one is for expanding the capacity in the main line of business and the second one is...

Answered: 1 week ago

Question

★★★★★
A 50-hp, 230-V shunt motor has a field resistance of 17.70 and operates at full load when the line current is 181 A at 1,350 r/min. To increase the speed of the motor to 1,600 r/min, a resistance of...

Answered: 1 week ago

Previous Question Next Question