Top Posters
Since Sunday
y
2
m
2
m
2
u
2
m
2
B
2
M
2
e
2
k
2
N
2
y
2
m
2
Home Q & A Board Other Fields Homework Help Business
New Topic  
Rickos Rickos
wrote...
Go to Answer
Posts: 1281
Rep: 2 0
7 years ago
Betty Gilmore plans to sell berry pies at a local farmer's market.  The permit and space rental will cost her $2,000 for the June through August season.  The pies will sell for $7.00.  Ingredients and overhead average $4.00 per pie.  She also has to pay five percent of her gross sales to the markets's organizers.  How many pies will she need to sell to cover her fixed costs?
A) 755 pies with a very small profit on the last pie.
B) 667 pies with a very small profit on the last pie.
C) 301 pies
D) She can never break even.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
Read 297 times
7 Replies
Replies
Answer verified by a subject expert
LutionalLutional
wrote...
#1
Top Poster
Posts: 752
Rep: 33 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Rickos Author
wrote...
#2
7 years ago
You saved my grade for me. I can't thank you enough.
wrote...
#3
4 years ago Edited: 4 years ago, JT Chen
Grazie
wrote...
#4
4 years ago
ty
wrote...
#5
4 years ago
thank you
wrote...
#6
4 years ago
ty
wrote...
#7
3 years ago
How do you do this problem though?
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  582 People Browsing
 101 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 451
  
 232
  
 1095
Your Opinion
What's your favorite coffee beverage?
Votes: 305
Previous poll results: Who will win the 2024 president election?