Question

If the band boosters are selling sandwiches for five dollars each and they bought $1168 in ingredients, how many sandwiches do they need to sell to break even?

Answer 1

To break even after spending $1168 on ingredients, the band boosters need to sell at least 234 sandwiches at $5 each.

Step-by-step explanation:

The band boosters need to sell 234 sandwiches to break even after spending $1168 on ingredients.

To determine the number of sandwiches the band boosters need to sell to break even, we use the cost of the ingredients and the price per sandwich. To calculate the break-even point, we divide the total cost of ingredients by the price per sandwich, which is $5. Therefore, with $1168 spent on ingredients, they would have to sell:

$1168 / $5 = 233.6 sandwiches.

Since they can't sell a fraction of a sandwich, they need to sell at least 234 sandwiches to cover the costs and break even.

This is a straightforward mathematical calculation involving division and understanding of the concept break-even point, which is quite common in business and economics.