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How many calendars must be sold to break even

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A booth in a mall sells calendars. The calendars are purchased for $3.46 each and then sold to customers at a price of $11.31. Space is rented for $179.00 per day and wages amount to $313.00 per day. Answer each of the following independent questions

Question (a) If the wages decrease to $262.92 per day, and other variables remain the same, how many calendars must be sold to break even?

Question (b) If the calendars are put on sale at 27% off the regular price, and all other variables remain the same, calculate profits if 165 calendars are sold in a day?

Reference no: EM132689549

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