You are the owner of a bagel shop. Fixed costs for your shop are $60,000...

70.2K

Verified Solution

Question

Finance

You are the owner of a bagel shop. Fixed costs for your shop are $60,000 per year. The price you charge for a box of bagels is $8 and it costs you $5 in variable costs to make each box of bagels. How many boxes of bagels must you sell per year to break even?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students