As a Graphic Artist, Randy Has Just Finished a New

question 111

Multiple Choice

As a graphic artist, Randy has just finished a new calendar. The calendar cost him $1.00 for the glossy paper, $3.00 for the six color production, and $.50 for the plastic wire that holds it together at the top. The labor in developing the design was 4 hours of work at $50/hour, and labor is being added to the rest of the fixed costs of $500.00. At a price of $15.00 per calendar, how many calendars will Nate need to produce and sell in order to break even (cover all his costs, but not make a profit) ?

• A) 670 calendars
• B) 34 calendars
• C) 46 calendars
• D) 67 calendars

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