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Quantitative Reasoning questions?

It costs a beekeeper $2.24 to make each pint jar of honey, and she sells the jars to stores at a price of $3.47 each. Her other monthly costs are the lease of the land and building $600, general supplies and equipment $105, utilities $390, transportation $250 and fixed salaries $4700 .

What is the monthly break even point for the number of pints made and sold to the nearest integer?

The beekeeper decides to give herself a raise amounting to $180 per month.

What is the monthly break even point to the nearest integer after the change?

1 Answer

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  • 8 years ago
    Favourite answer

    expense/month: 600 + 105 + 390 + 250 + 4700= 6045

    profit/ pint: 3.47 - 2.24= 1.23

    6045/1.23= 4915 pints of honey to break even

    monthly expense: 6045 + 180= 6225

    6625/1.23= 5386 pints of honey

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