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(solution) time-for-u's has set up a booth in a shopping mall to sell


time-for-u's has set up a booth in a shopping mall to sell calendars for $2.96 each. it plabs to set the unit price at $9.99 during the time it is in business, it must rent equipment for $190 per day. and oay wages of $321 per day. answer the following: 

a) how many calendars must the business sell each day to breakeven?

b) if it decreases the wages to $240.70 per day how many must it sell each day to breakeven? 

c) if the business puts the calendars on sale at 25% off what would be the profit if it sold 120 units in a day?

d) on the last day the business plans to be in the mall 200 calendars remain on hand. if the wages for the day are $222 what is the lowest price it can charge for each calendar and still break even for that day? 

 


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Sep 13, 2020

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