Question

Stacy has home based business making and selling scented soaps she in tensional I spent $86 to purchase soap making equipment and the materials for each pound of soap cost $6 Stacy sells the soap for $8 per pound eventually she will sell enough soap to cover the costs of their quickness while old be stacy's total cell and costs me how much soap will that be

Answer 1

Stacey's Sales and Costs will both be $114.67 and $86 respectively once she sells 14.33 pounds of Soap

Explanation:

Stacey invested $86 in soap making equipment

By conversion, she is able to deduce her cost per pound of soap to be $6,

And as a result priced each pound of soap at $8.

To fully cover her cost of $86, she will require to sell the following pound of soap:

Cost of Inventory divided by the Cost per Pound of soap sold

= $86 divided by $6 = 14.33 pounds

At this quantity of 14.33 Pounds ; Stacey Cost will be $86 and her sales will be $114.67 leading to a Profit of $28.67