A clothing store spends $11 for each pair of shorts it produces and has fixed costs of $450. If the store makes 40 pairs of shorts, how much should the store charge for each pair of shorts in order to break even?

Question

Mathematics

Kaylah Mora

17 January, 09:11

A clothing store spends $11 for each pair of shorts it produces and has fixed costs of $450. If the store makes 40 pairs of shorts, how much should the store charge for each pair of shorts in order to break even?

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Answers (2)

Know the Answer?

Bumpkin · Answer 1

Step-by-step explanation:

the answer is $22.95

Gillian Wiley · Answer 2

amt. the shop spends on 40 pairs

= $11 * 40

= $440

amt. paid extra (due to fixed cost) per pair

= ($450 - $440) : 40

= $0.25

amt. per pair to break even

= $11 + $0.25

= $11.25