Edwin sells jars of jam for $1.20 each. Determine how many jars of jam Edwin needs to sell to break even if the variable cost per jar is $0.80 and fixed expenses are $42,500.00 per year. (2 points)

17,000

21,250

98,170

106,250
2.
(05.01 MC)

Haven Baskets manufactures 61,755 woven baskets each year. Determine the minimum sales price Haven Baskets must sell each basket for to break even, if the total annual fixed costs are $562,795.00 and the variable cost per basket is $15.25. (2 points)

$22.90

$24.36

$29.97

$33.25
3.
(05.01 LC)

Jaslyn makes 443 wooden frames per month. Calculate her monthly profit if she sells each frame for $28.99, has fixed monthly expenses of $3,692.00, and has variable expenses of $9.15 per frame. (2 points)

$4,876.50

$5,097.12

$5,124.56

$5,190.87
4.
(05.01 MC)

Luca owns a pool cleaning business. Luca wants to have a monthly profit of $6,135.00 with 45 customers, fixed monthly expenses of $2,345.00, and variable expenses of $16.90 per pool. Determine how much Luca needs to charge per customer to reach his profit goal. (2 points)

$154.32

$175.89

$199.87

$205.34
5.
(05.01 LC)

Rafi Smiles produces custom greeting cards. The company has fixed monthly expenses of $5,750.00 and variable expenses of $0.80 for each card they make. Determine the company's ROI if they are able to make 4,175 cards per month and charge $4.50 per card. Round the final answer to the nearest hundredth. (2 points)

94.00%

94.01%

106.36%

106.68%