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Math Help - break even point

  1. #1
    Member
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    windsor ont cAN
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    break even point

    Ingrid processes and bottles jam in her home based business. Her fixed costs are $250 per month and the variable cost per jar is 1.20. SHE SELLS THE JAM TO LOCAL GROCERY STORES FOR $3.20 EACH.

    A) How many jars must she sell per year to break even?

    FC = 250
    Vc = 1.20
    FC = 3.20

    NI= ( S - VC )x - FC

    3.20 - 1.20x - 250

    2.00x = 250

    x = 125

    somehow i don't think it's correct
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  2. #2
    MHF Contributor
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    Well, you're kinda correct: for 1 month!
    For a year: 125 * 12 = 1500
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