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)Responses45 quiches45 quiches12 quiches12 quiches20 quiches20 quiches75 quiches
To break even, the Spanish Club needs to sell enough quiches to cover their costs. The cost to make each quiche is $30 + $0.50 = $<<30+0.5=30.5>>30.5.
To cover the cost, they need to sell enough quiches to make $30.5.
To find out how many quiches they need to sell, divide the cost by the sale price per quiche: $30.5 รท $2 = 15.25.
Since they cannot sell a fraction of a quiche, they need to round up to the nearest whole number.
Therefore, they need to sell 16 quiches in order to break even.
To calculate the number of quiches the Spanish Club needs to sell in order to break even, we need to determine the total cost and the total revenue.
The cost of making the quiches is given as $30 plus $0.50 per quiche for the ingredients. Let's call the number of quiches they need to sell as 'x'.
The total cost of making the quiches is:
$30 + ($0.50 * x)
The revenue earned from selling the quiches is given as $2 per quiche. So, the total revenue is:
$2 * x
To break even, the total cost should be equal to the total revenue:
$30 + ($0.50 * x) = $2 * x
Now, let's solve the equation to find the value of 'x':
$30 + ($0.50 * x) = $2 * x
$30 = $2 * x - $0.50 * x
$30 = $1.50 * x
x = $30 / $1.50
x = 20
Therefore, the Spanish Club needs to sell 20 quiches in order to break even.
To determine how many quiches the Spanish Club needs to sell in order to break even, we can follow these steps:
Step 1: Calculate the total cost of making the quiches.
The culinary department will make the quiches for $30 plus $0.50 per quiche for ingredients. Let's assume the number of quiches they will make is 'x'.
The cost of making 'x' quiches will be: $30 + $0.50 * x = $30 + 0.50x
Step 2: Calculate the total revenue from selling the quiches.
The Spanish Club wants to sell each quiche for $2. Let's assume the number of quiches they sell is 'x'.
The total revenue from selling 'x' quiches will be: $2 * x = $2x
Step 3: Break-even point.
In order to break even, the total cost and total revenue should be equal.
So, we can set up the equation: $30 + 0.50x = $2x
Step 4: Solve the equation.
To solve the equation, we need to isolate the variable 'x' on one side of the equation.
$30 + 0.50x - 0.50x = $2x - 0.50x
$30 = $1.50x
Divide both sides of the equation by $1.50 to solve for 'x'.
$30 / $1.50 = x
20 = x
Therefore, the Spanish Club needs to sell 20 quiches in order to break even.