you are opening a food truck. Your overhead inculde

truck $250 per month

Equipment for making and storing food $350 per month

License $200 good for two years

Advertising $500 per month

labor $20 per hour and you are open for 8 hours per say and 5 days per week. Assume 4 weeks to the month.

ingredients: $2.50 per sandwich sold

Selling price per sandwich $5.00

calculate the break even point in sandwiches sold. the cost of labor goes to $25 per hour and you raise your price to $5.50, what is the new breakeven? Break Even point = (fixed cost) / (price- value cost)