The Spanish Club at Santa Fe Middle School wants to sell mini quiches to raise money for a field trip. The culinary department at their school will make the quiches for $30 plus $0.50 per quiche for the ingredients. The Spanish Club wants to sell each quiche for $2. How many quiches will they need to sell in order to break even?(1 point)
Responses
75 quiches
75 quiches
20 quiches
20 quiches
12 quiches
12 quiches
45 quiches
45 quiches
75 quiches
To break even, the total cost of making the quiches needs to be covered by the total revenue from selling them.
Cost to make 1 quiche = $30 + $0.50 = $30.50
Selling price of 1 quiche = $2
To break even:
Total cost = Total revenue
($30.50 per quiche) * x = ($2 per quiche) * x
$30.50x = $2x
$28.50x = 0
x = 75
Therefore, the Spanish Club will need to sell 75 quiches in order to break even.