Question

Farmer Jane would like to show a net profit of $1,000 per month. She is growing tomatoes and sells them for $3 per pound. Her variable costs per pound are $1, and she has $700 in fixed cost. How many pounds does she need to sell?

a) 567 pounds
b) 850 pounds
c) 1700 pounds
d) None of the above

Answer 1

Answer is B 850 pounds

Answer 2

B) 850 pounds

Step-by-step explanation:

You have to add $700 to $1000 as this would be the amount she needs to make before selling any tomatoes. We know now that she will get a net profit of $2 per lb for tomatoes. Simply divide the $1700 by 2 and you get 850lb.