Question and answer
During the summer, a group of students builds kayaks in a converted garage. The rental for the garage is $600 for the summer, and the materials needed to build a kayak cost $25. The kayaks can be sold for $175 apiece. How many kayaks must the students sell to break even? How many kayaks must the student sell to make a profit of $ 450?
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Question
Asked 9/7/2010 12:51:44 AM
Updated 2/18/2014 11:20:43 PM
1 Answer/Comment
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Flagged by samn [2/18/2014 11:20:43 PM]
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User: During the summer, a group of students builds kayaks in a converted garage. The rental for the garage is $600 for the summer, and the materials needed to build a kayak cost $25. The kayaks can be sold for $175 apiece. How many kayaks must the students sell to break even? How many kayaks must the student sell to make a profit of $ 450?

Weegy: Just a moment. I'll make computations.
Expert answered|majie|Points 219|

Question
Asked 9/7/2010 12:51:44 AM
Updated 2/18/2014 11:20:43 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by samn [2/18/2014 11:20:43 PM]
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3
Let BEQ= Break even quantity
BEQ = FC/ (Selling price per -Variable Cost per Unit)
BEQ = 600/ (175-25)
BEQ= 600/150
BEQ = 4

The students must sell 4 kayaks to break even and sell 7 kayaks to make a profit of $450.



Added 2/18/2014 11:20:26 PM
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