Julio has started his very own floral business. He sells centerpieces for $19.50 each. His fixed costs are $500 per month, and each centerpiece cost $8 to produce.
Determine your break-even point. Suppose you wish to break even by selling only 25 centerpieces. At what price
would you need to sell each centerpiece?
a. Julio must sell 25 centerpieces at $35 each to break even.
b Julio must sell 25 centerpieces at $25 each to break even.
C. Julio must sell 25 centerpieces at $40 each to break even.
d. Julio must sell 25 centerpieces at $28 each to break even.