Question

June has decided to take up quilting. She bought a sewing machine for $135. It’s costs her $11.75 in raw materials to make a quilt, and she can sell a quilt for $28.50. Which of the following graphs best illustrates June’s situation?

Answer 1

Answer:

I or The first graph.

Step-by-step explanation:

The sewing machine costs $135.

Each quilt made costs $11.75.

Each quilt sells for $28.50.

So let's find how many quilts need to be sold to break even.

The formula we will use to find the break even point will be:

$Q = \dfrac{F}{(P-v)}$

Q = Break even quantity

P = Selling Price per unit

v = Variable cost per unit

Let's begin by substituting the values that we have into the formula.

$Q = \dfrac{135}{(28.50-11.75)}$

$Q = \dfrac{135}{(16.75)}$

$Q = 8.06$

We can see in the first graph that the line of the cost and revenue meet when there are 8 quilts sold.

Answer 2

Answer:

The answer is A on edge

Step-by-step explanation: